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November 15, 2024 |
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| Home > Small Business Lenders by State > Arkansas Business Loan Sources > Little Rock, Business Loans > Metropolitan National Bank Little Rock Business Loans > Chiropractors Loan | ||||
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Requirements for Small Businesses On Getting a Loan
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Borrowing Money for ChiropractorsLooking for small business loans for chiropractors? An SBA loan may be just what you've been looking for. This $29,000 chiropractors loan was issued by an Arkansas bank. This company received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Metropolitan National Bank, out of Little Rock, Arkansas. The loan was granted and they received $29,000 to help grow their Little Rock, Arkansas business. SBA Loan Borrower COMPANY TYPE: CHIROPRACTORS SBA Loan Lender METROPOLITAN NATIONAL BANK This lender issued this particular business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621310 - Chiropractors Loan Approval Date 2/9/2005 Loan Approval Gross Amount $29,000 Loan Approval from the SBA Of the total $29,000 loan amount, the SBA guaranteed $24,650. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. The SBA loan documents did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Metropolitan National Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: SBA Participating Banks in Little Rock, Arkansas
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