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May 9, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > Salt Lake City, Business Loans > Bank Of The West Salt Lake City Business Loans > Chiropractors Loan | ||||
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What Does It Take to Get a Business Loan in Dillon, Colorado?
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Commercial Loans for ChiropractorsWith these commercial loans for chiropractors, the SBA guarantees the lender that the loan will be repaid. This chiropractors loan for $305,800 was given to a Colorado entrepreneur in 2003. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Dillon, Colorado was able to borrow $305,800 from Bank Of The West. The SBA made the loan possible by guaranteeing $229,350 of this Colorado small business loan. SBA Loan Borrower COMPANY TYPE: CHIROPRACTORS SBA Loan Lender BANK OF THE WEST 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 4/7/2003 Loan Approval Gross Amount $305,800 Loan Approval from the SBA Of the total $305,800 loan amount, the SBA guaranteed $229,350. 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. The SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. We've showcased information on this loan to let you know that businesses like yours 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: Raising VC Money for Social Networking Companies Find an SBA Lender in Salt Lake City, Utah
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