Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

We Needed an SBA 7A Loan in Leoti, Kansas and We Got One!

 

 
Loan Census SBA Loan Info

Small Business Loans for Chiropractors

Looking for small business loans for chiropractors? The SBA may be the answer. This $22,400 chiropractors loan was issued by a Kansas bank.

This small firm received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Kearny County Bank, out of Lakin, Kansas. The loan was granted and they received $22,400 to help grow their Leoti, Kansas business.

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
LEOTI, KS 67861

SBA Loan Lender

KEARNY COUNTY BANK
221 N MAIN ST
LAKIN, KS 67860

This was a Low Documentation SBA loan. The SBA started this program to minimize the paperwork associated with appliying for an SBA loan . The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621310 - Chiropractors

Loan Approval Date

11/15/2001

Loan Approval Gross Amount

$22,400

Loan Approval from the SBA

Of the total $22,400 loan amount, the SBA guaranteed $19,040.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 3 employees. The SBA loan documents did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Kearny County Bank and they will explain how you can get an SBA loan for your company.

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:

Business Incubators

SBA Participating Banks in Lakin, Kansas

SBA Lenders in Kansas