Loan Census Banking News and Information
May 14, 2024  
 
 
  Business Loan Information  
 

Examples of Jersey Shore SBA Loans

 

 
Loan Census SBA Loan Info

Borrowing Money for Chiropractors

Looking for bank loans for chiropractors? Try the SBA. This $218,300 chiropractors loan was issued by a Pennsylvania bank.

This company received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Omega Bank, out of Mill Hall, Pennsylvania. The loan was granted and they received $218,300 to help grow their Jersey Shore, Pennsylvania business.

SBA Loan Borrower

COMPANY TYPE: OFFICES AND CLINICS OF CHIROPRACTORS
JERSEY SHORE, PA 17740

SBA Loan Lender

OMEGA BANK
349 MAIN ST
MILL HALL, PA 17751

This loan for a small business was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

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

9/24/2002

Loan Approval Gross Amount

$218,300

Loan Approval from the SBA

Of the total $218,300 loan amount, the SBA guaranteed $163,725.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The loan application did not indicate that the SBA funding recipient promised to use the funding to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

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:

Alternative Financing

SBA Participating Banks in Mill Hall, Pennsylvania

SBA Participating Banks in Pennsylvania