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November 15, 2024  
 
 
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Idaho Small Business Funding

 

 
Loan Census SBA Loan Info

Loans for Chiropractors

Looking for loans for chiropractors? The SBA may be the answer. This $59,400 chiropractors loan was issued by an Idaho bank.

Getting a small business loan in Post Falls, Idaho was important for this company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Washington Trust Bank, operating out of Post Falls, Idaho. Here are the details on this Idaho small business loan.

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
POST FALLS, ID 83854

SBA Loan Lender

WASHINGTON TRUST BANK
E 1601 SELTICE WAY
POST FALLS, ID 83854

This was a Low Documentation SBA loan. The SBA started this program to reduce 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

10/1/2001

Loan Approval Gross Amount

$59,400

Loan Approval from the SBA

Of the total $59,400 loan amount, the SBA guaranteed $50,490.

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 3 employees. The SBA loan application for the borrower did not indicate that the business planned to use the money to hire new employees or retain any existing employees.

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

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Washington Trust Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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 Credit Cards

Small Business Banks in Post Falls, Idaho

SBA Idaho Banks