Bank Loans for Chiropractors

Looking for bank loans for chiropractors? Talk to a banker who works with the SBA. This $120,000 chiropractors loan was issued by a Texas bank.

This small firm knew how to go about getting a business bank loan. Based in San Angelo, Texas, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was San Angelo National Bank, based in San Angelo, Texas.

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
SAN ANGELO, TX 76901

SBA Loan Lender

SAN ANGELO NATIONAL BANK
301 W BEAUREGARD
SAN ANGELO, TX 76904

This was a Low Documentation SBA loan. The SBA created this program to reduce the paperwork associated with borrowing money. The low-doc program involves completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621310 - Chiropractors

Loan Approval Date

9/9/2003

Loan Approval Gross Amount

$120,000

Loan Approval from the SBA

Of the total $120,000 loan amount, the SBA guaranteed $102,000.

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. This SBA loan request did not indicate that the SBA funding recipient promised to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

Advice on Getting a Small Business Loan

Where to Get an SBA Loan in San Angelo, Texas

Browse All Business Loan Sources for Texas