Plainview, Minnesota Lender Lends Money to Chiropractors Company

Thinking about meeting with a Plainview, Minnesota bank about a small business loan? Here's one Minnesota business loan, issued by a Plainview bank, that was approved by the SBA.

Applying for an SBA loan with Peoples St. Bank - Plainview worked out well for our friends at one local firm in Plainview, Minnesota. They got an SBA loan for $8,300. Sweet!

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
PLAINVIEW, MN 55964

SBA Loan Lender

PEOPLES ST. BANK - PLAINVIEW
100 4TH AVE SE STE 6
PLAINVIEW, MN 55964

This lender processed this bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

1/25/2006

Loan Approval Gross Amount

$8,300

Loan Approval from the SBA

Of the total $8,300 loan amount, the SBA guaranteed $4,150.

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 only one employee. The SBA loan application for the borrower indicated that the loan would help generate 1 new job.

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

SBA loans provide smart, affordable business financing for small businesses looking to expand.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Peoples St. Bank - Plainview 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.

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