Borrowing Money for Chiropractors

With these loans for chiropractors, the SBA guarantees the lender that the loan will be repaid. This chiropractors loan for $136,300 was given to a Nevada entrepreneur in 2003.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Las Vegas, Nevada was able to borrow $136,300 from Bank Of America. The SBA made the loan possible by guaranteeing $68,150 of this Nevada small business loan.

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
LAS VEGAS, NV 89146

SBA Loan Lender

BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

621310 - Chiropractors

Loan Approval Date

8/14/2003

Loan Approval Gross Amount

$136,300

Loan Approval from the SBA

Of the total $136,300 loan amount, the SBA guaranteed $68,150.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 6 employees. The SBA loan documents indicated that the loan would help retain 6 existing jobs.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

We can help you find the best banks for small businesses in Las Vegas or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

Advice on Getting a Small Business Loan

SBA 7A Banks for Charlotte, North Carolina Loans

Where to Get an SBA Loan North Carolina