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May 17, 2024  
 
 
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SBA Lender Colby Kansas

 

 
Loan Census SBA Loan Info

Chiropractors Small Business Loans

Looking for small business loans for chiropractors? The SBA may be the answer. This $33,000 chiropractors loan was issued by a Kansas bank.

This company knew how to go about getting a business bank loan. Based in Colby, Kansas, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Farmers & Merchants Bank - Colb, based in Colby, Kansas.

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
COLBY, KS 67701

SBA Loan Lender

FARMERS & MERCHANTS BANK - COLB
240 W FOURTH ST
COLBY, KS 67701

This was a Low Documentation SBA loan. The SBA created this program to reduce the paperwork associated with borrowing money. The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621310 - Chiropractors

Loan Approval Date

8/1/2002

Loan Approval Gross Amount

$33,000

Loan Approval from the SBA

Of the total $33,000 loan amount, the SBA guaranteed $28,050.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. This SBA loan request did not indicate that the SBA funding recipient planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

While you may be able to borrow money from friends and family, 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.

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SBA Banks in Colby, Kansas

Kansas SBA Bank Lenders