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May 13, 2024  
 
 
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How Hard Is It to Get a Small Business Loan in Batesville, Indiana?

 

 
Loan Census SBA Loan Info

Chiropractors Loans

With these loans for chiropractors, the SBA guarantees the lender that the loan will be repaid. This chiropractors loan for $86,500 was given to an Indiana entrepreneur in 2006.

This company knew how to go about getting a business bank loan. Based in Batesville, Indiana, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Integra Bank, based in Evansville, Indiana.

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
BATESVILLE, IN 47006

SBA Loan Lender

INTEGRA BANK
21 SE 3RD ST
EVANSVILLE, IN 47708

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621310 - Chiropractors

Loan Approval Date

1/26/2006

Loan Approval Gross Amount

$86,500

Loan Approval from the SBA

Of the total $86,500 loan amount, the SBA guaranteed $64,875.

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. This SBA loan request did not indicate that the business promised to use the funding to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My 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.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $86,500 loan. Remember, you control your own destiny.

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:

Borrowing Money from Friends and Family

Small Business Banks in Evansville, Indiana

Indiana SBA 7A Lenders