Loan Census Banking News and Information
April 29, 2024  
 
 
  Business Loan Information  
 

Citizens Union Bank - Shelbyvill Small Business Loan

 

 
Loan Census SBA Loan Info

Financing for Chiropractors

Looking for commercial loans for chiropractors? Try the SBA. This $40,320 chiropractors loan was issued by a Kentucky bank.

This small business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Citizens Union Bank - Shelbyvill, out of Shelbyville, Kentucky. The loan was granted and they received $40,320 to help grow their Louisville, Kentucky business.

SBA Loan Borrower

COMPANY TYPE: OFFICES AND CLINICS OF CHIROPRACTORS
LOUISVILLE, KY 40206

SBA Loan Lender

CITIZENS UNION BANK - SHELBYVILL
1854 MIDLAND TRAIL
SHELBYVILLE, KY 40065

This lender issued this particular loan for a small business 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.

SIC Code

8041 - Offices and Clinics of Chiropractors

NAICS Code

621310 - Chiropractors

Loan Approval Date

7/26/2002

Loan Approval Gross Amount

$40,320

Loan Approval from the SBA

Of the total $40,320 loan amount, the SBA guaranteed $34,272.

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 only one employee. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the loan proceeds to add employees or retain any existing employees.

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

If you are working on finding money to start a business in Louisville KY, you ought to talk with a local Louisville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Louisville businesses.

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 Citizens Union Bank - Shelbyvill 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:

Advice on Getting a Small Business Loan

SBA 7A Lenders in Shelbyville, Kentucky

Kentucky SBA 7A Banks