Getting an SBA Loan for Chiropractors
Looking for business loans for chiropractors? Try the SBA. This $50,000 chiropractors loan was issued by a Wisconsin bank.
This small business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Bank Mutual, out of Milwaukee, Wisconsin. The loan was granted and they received $50,000 to help grow their Verona, Wisconsin business.
SBA Loan Borrower
COMPANY TYPE: CHIROPRACTORS
VERONA, WI 53593
SBA Loan Lender
BANK MUTUAL
4949 W BROWN DEER RD
MILWAUKEE, WI 53223
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
8/19/2004
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
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 2 employees. The SBA loan application for the borrower indicated that the loan would help create 2 new jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Bank Mutual and they will explain how you can get an SBA loan for your company.
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:
Accountant's Role in Securing Financing
SBA 7A Banks in Milwaukee, Wisconsin
SBA Lenders in Wisconsin