Loan Census Banking News and Information
April 26, 2024  
 
 
  Business Loan Information  
 

We Needed an SBA Loan in Alameda, California and We Got One!

 

 
Loan Census SBA Loan Info

Commercial Loans for Chiropractors

Looking for commercial loans for chiropractors? Talk to a banker who works with the SBA. This $80,000 chiropractors loan was issued by a California bank.

This small business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Safe-Bidco, out of Santa Rosa, California. The loan was granted and they received $80,000 to help grow their Alameda, California business.

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
ALAMEDA, CA 94501

SBA Loan Lender

SAFE-BIDCO
1211 N. DUTTON AVE, SUITE D
SANTA ROSA, CA 95401

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621310 - Chiropractors

Loan Approval Date

11/4/2004

Loan Approval Gross Amount

$80,000

Loan Approval from the SBA

Of the total $80,000 loan amount, the SBA guaranteed $68,000.

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

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

This SBA loan was for $80,000. How would you spend $80,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

VC Firms on Twitter

Who Lends Money to Small Businesses in Santa Rosa, California

Getting a Business Loan in California