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May 3, 2024 |
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| Home > Small Business Lenders by State > Kentucky Business Loan Sources > Livingston, Business Loans > Cit Small Business Lending Corp Livingston Business Loans > Chiropractors Loan | ||||
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How Hard Is It to Get a Small Business Loan in Ashland, Kentucky?
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Financing for ChiropractorsWith these loans for chiropractors, the SBA guarantees the lender that the loan will be repaid. This chiropractors loan for $119,700 was given to a Kentucky entrepreneur in 2001. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Ashland, Kentucky was able to borrow $119,700 from Cit Small Business Lending Corp. The SBA made the loan possible by guaranteeing $101,745 of this Kentucky small business loan. SBA Loan Borrower COMPANY TYPE: CHIROPRACTORS SBA Loan Lender CIT SMALL BUSINESS LENDING CORP This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621310 - Chiropractors Loan Approval Date 12/3/2001 Loan Approval Gross Amount $119,700 Loan Approval from the SBA Of the total $119,700 loan amount, the SBA guaranteed $101,745. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The loan application indicated that the loan would help retain 4 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide money to small business owners for working capital for other expenses. 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: Who Lends Money to Small Businesses in Livingston, New Jersey
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