Bank Loans for Chiropractors
Looking for bank loans for chiropractors? The SBA may be the answer. This $50,000 chiropractors loan was issued by a California bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Paso Robles (corporate Name El, California was able to borrow $50,000 from Santa Lucia Bank. The SBA made the loan possible by guaranteeing $25,000 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: CHIROPRACTORS
PASO ROBLES (CORPORATE NAME EL, CA 93446
SBA Loan Lender
SANTA LUCIA BANK
7480 EL CAMINO REAL
ATASCADERO, CA 93422
The lender provided this small business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
1/31/2008
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
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 loan application indicated that the funding would help generate 2 new jobs.
Getting an SBA Loan For Your Business
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Santa Lucia Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!
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:
Raising VC Money for Social Networking Companies
Banks in Atascadero, California
SBA California Lenders