Commercial Loans for Chiropractors

With these commercial loans for chiropractors, the SBA guarantees the lender that the loan will be repaid. This chiropractors loan for $43,600 was given to a Michigan entrepreneur in 2004.

This small business knew how to go about getting a business bank loan. Based in Saint Louis, Michigan, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Commercial Bank, based in Alma, Michigan.

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
SAINT LOUIS, MI 48880

SBA Loan Lender

COMMERCIAL BANK
301 N STATE ST
ALMA, MI 48801

This lender processed this 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

9/28/2004

Loan Approval Gross Amount

$43,600

Loan Approval from the SBA

Of the total $43,600 loan amount, the SBA guaranteed $21,800.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 4 employees. The SBA loan documents indicated that the loan would help retain 4 existing jobs.

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

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

This SBA loan was for $43,600. How would you spend $43,600 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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