Where to Get Capital for Chiropractors

Looking for small business loans for chiropractors? Try the SBA. This $56,423 chiropractors loan was issued by a Wisconsin bank.

This company knew how to go about getting a business bank loan. Based in Racine, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Community State Bank, based in Union Grove, Wisconsin.

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
RACINE, WI 53406

SBA Loan Lender

COMMUNITY STATE BANK
1500 MAIN ST
UNION GROVE, WI 53182

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.

NAICS Code

621310 - Chiropractors

Loan Approval Date

6/15/2005

Loan Approval Gross Amount

$56,423

Loan Approval from the SBA

Of the total $56,423 loan amount, the SBA guaranteed $47,959.

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 3 employees. The SBA loan documents did not indicate that the company promised to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you want money for new small business in Racine WI, you ought to talk with a local Racine SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Racine businesses.

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 Community State 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:

The Friends and Family Network

SBA Banks in Union Grove, Wisconsin

SBA Lenders in Wisconsin