Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Advice for Entrepreneurs On Getting a Loan

 

 
Loan Census SBA Loan Info

Chiropractors SBA Loans

Looking for SBA loans for chiropractors? An SBA loan may be just what you've been looking for. This $60,000 chiropractors loan was issued by an Iowa bank.

This small business knew how to go about getting a business bank loan. Based in Monroe, Iowa, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Bank Iowa, based in Altoona, Iowa.

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
MONROE, IA 50317

SBA Loan Lender

BANK IOWA
420 8TH ST SE
ALTOONA, IA 50009

This business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

6/8/2007

Loan Approval Gross Amount

$60,000

Loan Approval from the SBA

Of the total $60,000 loan amount, the SBA guaranteed $30,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower indicated that the borrowed money would help create 4 new jobs.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Bank Iowa so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Role of Business Plan When Raising Money

Small Business Banks in Altoona, Iowa

Iowa SBA 7A Banks