Loan Census Banking News and Information
December 19, 2024  
 
 
  Business Loan Information  
 

Pembroke, New Hampshire Bank Loan

 

 
Loan Census SBA Loan Info

Business Loans for Chiropractors

Looking for business loans for chiropractors? Talk to a banker who works with the SBA. This $66,000 chiropractors loan was issued by a New Hampshire bank.

This small business knew how to go about getting a business bank loan. Based in Pembroke, New Hampshire, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Merrimack County Savings Bank, based in Concord, New Hampshire.

SBA Loan Borrower

COMPANY TYPE: OFFICES AND CLINICS OF CHIROPRACTORS
PEMBROKE, NH 03275

SBA Loan Lender

MERRIMACK COUNTY SAVINGS BANK
190 N MAIN ST
CONCORD, NH 03301

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8041 - Offices and Clinics of Chiropractors

NAICS Code

621310 - Chiropractors

Loan Approval Date

9/29/2000

Loan Approval Gross Amount

$66,000

Loan Approval from the SBA

Of the total $66,000 loan amount, the SBA guaranteed $52,800.

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 2 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the money to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Merrimack County Savings Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

SBIR Funding

Find an SBA Lender in Concord, New Hampshire

New Hampshire SBA Bank Lenders