Business Loan from Resource Bank Given to Chiropractors Company

Resource Bank has a track record as a leading provider of SBA loans. Find out how this Louisiana entrepreneur received an SBA loan from them.

This growing company knew how to go about getting a business bank loan. Based in Mandeville, Louisiana, they applied for and received an SBA-guaranteed loan in 2005. The lending bank was Resource Bank, based in Mandeville, Louisiana.

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
MANDEVILLE, LA 70448

SBA Loan Lender

RESOURCE BANK
2190 N CAUSEWAY BLVD
MANDEVILLE, LA 70471

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621310 - Chiropractors

Loan Approval Date

6/20/2005

Loan Approval Gross Amount

$96,400

Loan Approval from the SBA

Of the total $96,400 loan amount, the SBA guaranteed $81,940.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan documents did not indicate that the company planned to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you need money to start a small business or need money for an existing business, an SBA loan can be a great way to raise money

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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.

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