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May 12, 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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How Do We Get a Business Loan in Oscoda, Michigan?
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Loans for ChiropractorsLooking for loans for chiropractors? An SBA loan may be just what you've been looking for. This $42,000 chiropractors loan was issued by a Michigan bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Oscoda, Michigan was able to borrow $42,000 from Huron Community Bank. The SBA made the loan possible by guaranteeing $21,000 of this Michigan small business loan. SBA Loan Borrower COMPANY TYPE: CHIROPRACTORS SBA Loan Lender HURON COMMUNITY BANK The lender provided this debt financing 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 $42,000 Loan Approval from the SBA Of the total $42,000 loan amount, the SBA guaranteed $21,000. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the funding would help create 2 new jobs. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $42,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Small Business Banks in East Tawas, Michigan
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