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November 14, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > Okoboji, Business Loans > United Community Bank Okoboji Business Loans > Chiropractors Loan | ||||
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SBA Lenders in Iowa
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Borrowing Money for ChiropractorsLooking for small business loans for chiropractors? Talk to a banker who works with the SBA. This $69,000 chiropractors loan was issued by an Iowa bank. This small firm knew how to go about getting a business bank loan. Based in North Okoboji, Iowa, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was United Community Bank, based in Okoboji, Iowa. SBA Loan Borrower COMPANY TYPE: CHIROPRACTORS SBA Loan Lender UNITED COMMUNITY BANK This was a Low Documentation SBA loan. The SBA started this program to minimize the paperwork associated with getting a 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. Today, you can borrow up to $100,000 through the low-doc SBA program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621310 - Chiropractors Loan Approval Date 12/21/2001 Loan Approval Gross Amount $69,000 Loan Approval from the SBA Of the total $69,000 loan amount, the SBA guaranteed $58,650. 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 2 employees. This SBA loan request did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $69,000 loan. Remember, fight for what you want, and it will be yours! 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: Small Business Banks in Okoboji, Iowa
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