Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Examples of Wharton SBA Loans

 

 
Loan Census SBA Loan Info

Where to Get Capital for Chiropractors

Looking for small business loans for chiropractors? The SBA may be the answer. This $40,000 chiropractors loan was issued by a Texas bank.

Getting a small business loan in Wharton, Texas was important for this company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from The First State Bank, operating out of Wharton, Texas. Here are the details on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
WHARTON, TX 77488

SBA Loan Lender

THE FIRST STATE BANK
727 N ALABAMA
WHARTON, TX 77488

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621310 - Chiropractors

Loan Approval Date

9/28/2001

Loan Approval Gross Amount

$40,000

Loan Approval from the SBA

Of the total $40,000 loan amount, the SBA guaranteed $34,000.

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 did not indicate that the company planned to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

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:

504 Loans

Best Banks for Small Business in Wharton, Texas

SBA Texas Lenders