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May 13, 2024 |
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| Home > Small Business Lenders by State > Michigan Business Loan Sources > East Tawas, Business Loans > Huron Community Bank East Tawas Business Loans > Chiropractors Loan | ||||
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Business Loans for Oscoda Businesses
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Getting an SBA Loan for ChiropractorsWith these business loans for chiropractors, the SBA guarantees the lender that the loan will be repaid. This chiropractors loan for $130,000 was given to a Michigan entrepreneur in 2006. This business knew how to go about getting a business bank loan. Based in Oscoda, Michigan, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Huron Community Bank, based in East Tawas, Michigan. SBA Loan Borrower COMPANY TYPE: CHIROPRACTORS SBA Loan Lender HURON COMMUNITY BANK The lender provided this commercial loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 621310 - Chiropractors Loan Approval Date 4/4/2006 Loan Approval Gross Amount $130,000 Loan Approval from the SBA Of the total $130,000 loan amount, the SBA guaranteed $65,000. 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 documents indicated that the loan would help generate 2 new jobs. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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 East Tawas, Michigan Getting a Business Loan in Michigan
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