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March 28, 2024  
 
 
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We Needed an SBA Loan in San Rafael, California and We Got One!

 

 
Loan Census SBA Loan Info

Chiropractors Commercial Loans

Looking for commercial loans for chiropractors? The SBA may be the answer. This $97,000 chiropractors loan was issued by a California bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in San Rafael, California was able to borrow $97,000 from California Bank & Trust. The SBA made the loan possible by guaranteeing $82,450 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
SAN RAFAEL, CA 94901

SBA Loan Lender

CALIFORNIA BANK & TRUST
3787 AVOCADO BLVD
LA MESA, CA 91941

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621310 - Chiropractors

Loan Approval Date

3/17/2006

Loan Approval Gross Amount

$97,000

Loan Approval from the SBA

Of the total $97,000 loan amount, the SBA guaranteed $82,450.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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. This SBA loan request indicated that the borrowed money would help create 2 new jobs.

Getting an SBA Loan For Your 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.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. California Bank & Trust had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, California Bank & Trust made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Accountant's Role in Securing Financing

Who Lends Money to Small Businesses in La Mesa, California

SBA Lenders in California