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May 17, 2024 |
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| Home > Small Business Lenders by State > Illinois Business Loan Sources > Champaign, Business Loans > Bankchampaign Champaign Business Loans > Chiropractors Loan | ||||
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How Do We Get a Business Loan in Champaign, Illinois?
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Chiropractors LoansLooking for loans for chiropractors? Talk to a banker who works with the SBA. This $72,000 chiropractors loan was issued by an Illinois bank. Getting a small business loan in Champaign, Illinois was important for this company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Bankchampaign, operating out of Champaign, Illinois. Here are the details on this Illinois small business loan. SBA Loan Borrower COMPANY TYPE: CHIROPRACTORS SBA Loan Lender BANKCHAMPAIGN This lender issued this particular commercial loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621310 - Chiropractors Loan Approval Date 3/4/2005 Loan Approval Gross Amount $72,000 Loan Approval from the SBA Of the total $72,000 loan amount, the SBA guaranteed $61,200. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The loan application did not indicate that the company promised to use the money to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you need money to buy a business? 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. Related Links: SBA Participating Banks in Champaign, Illinois
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