Loans for Chiropractors

Looking for loans for chiropractors? The SBA may be the answer. This $62,100 chiropractors loan was issued by a South Dakota bank.

This small firm received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Cortrust Bank, out of Mitchell, South Dakota. The loan was granted and they received $62,100 to help grow their Sioux Falls, South Dakota business.

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
SIOUX FALLS, SD 57110

SBA Loan Lender

CORTRUST BANK
100 E HAVENS & MAIN
MITCHELL, SD 57301

This lender issued this SBA loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621310 - Chiropractors

Loan Approval Date

8/31/2006

Loan Approval Gross Amount

$62,100

Loan Approval from the SBA

Of the total $62,100 loan amount, the SBA guaranteed $52,785.

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 only one employee. The loan application indicated that the borrowed money would help create 1 new job.

Getting an SBA Loan For Your Business

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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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