Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

We Needed an SBA 7A Loan in Portsmouth, New Hampshire and We Got One!

 

 
Loan Census SBA Loan Info

Financing for Chiropractors

Looking for commercial loans for chiropractors? An SBA loan may be just what you've been looking for. This $50,000 chiropractors loan was issued by a Maine bank.

This small business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Rivergreen Bank, out of Kennebunk, Maine. The loan was granted and they received $50,000 to help grow their Portsmouth, New Hampshire business.

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
PORTSMOUTH, NH 03801

SBA Loan Lender

RIVERGREEN BANK
36 PORTLAND RD
KENNEBUNK, ME 04043

This SBA 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

4/9/2007

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 a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 1 new job and retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

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

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Rivergreen 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:

Realistic Debt Financing Options

Best Banks in Kennebunk, Maine

SBA Lenders in Maine