Loan Census Banking News and Information
April 27, 2024  
 
 
  Business Loan Information  
 

Raising Money in Englewood, Colorado With SBA Loans

 

 
Loan Census SBA Loan Info

Chiropractors Business Loans

With these business loans for chiropractors, the SBA guarantees the lender that the loan will be repaid. This chiropractors loan for $84,300 was given to a Colorado entrepreneur in 2007.

This small business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Vectra Bank Colorado, out of Farmington, New Mexico. The loan was granted and they received $84,300 to help grow their Englewood, Colorado business.

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
ENGLEWOOD, CO 80112

SBA Loan Lender

VECTRA BANK COLORADO
2000 E 20TH ST
FARMINGTON, NM 87401

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

12/19/2007

Loan Approval Gross Amount

$84,300

Loan Approval from the SBA

Of the total $84,300 loan amount, the SBA guaranteed $71,655.

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 11 employees. The SBA loan application for the borrower indicated that the loan would help retain 11 existing jobs.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Vectra Bank Colorado so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Microlending as a Small Business Funding Source

Small Business Banks in Farmington, New Mexico

Find an SBA Lender in New Mexico