Raising Money for Chiropractors
With these business loans for chiropractors, the SBA guarantees the lender that the loan will be repaid. This chiropractors loan for $477,000 was given to a California entrepreneur in 2002.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in San Jose, California was able to borrow $477,000 from Wells Fargo Bank. The SBA made the loan possible by guaranteeing $357,750 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: CHIROPRACTORS
SAN JOSE, CA 95122
SBA Loan Lender
WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113
This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621310 - Chiropractors
Loan Approval Date
9/17/2002
Loan Approval Gross Amount
$477,000
Loan Approval from the SBA
Of the total $477,000 loan amount, the SBA guaranteed $357,750.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 23 employees. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 26 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
This SBA loan was for $477,000. How would you spend $477,000 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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