Where to Get Capital for Chiropractors
With these SBA loans for chiropractors, the SBA guarantees the lender that the loan will be repaid. This chiropractors loan for $40,000 was given to an Utah entrepreneur in 2000.
Getting a small business loan in Syracuse, Utah was important for this business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from America West Bank, operating out of Layton, Utah. Here are the details on this Utah small business loan.
SBA Loan Borrower
COMPANY TYPE: OFFICES AND CLINICS OF CHIROPRACTORS
SYRACUSE, UT 84075
SBA Loan Lender
AMERICA WEST BANK
476 W HERITAGE PARK BLVD, STE
LAYTON, UT 84041
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.
SIC Code
8041 - Offices and Clinics of Chiropractors
NAICS Code
621310 - Chiropractors
Loan Approval Date
10/12/2000
Loan Approval Gross Amount
$40,000
Loan Approval from the SBA
Of the total $40,000 loan amount, the SBA guaranteed $32,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 2 employees. The SBA loan documents did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
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SBA 7A Banks in Layton, Utah
Utah SBA 7A Lenders