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May 17, 2024  
 
 
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Raising Money in Evansville, Indiana With SBA Loans

 

 
Loan Census SBA Loan Info

Getting an SBA Loan for Chiropractors

With these SBA loans for chiropractors, the SBA guarantees the lender that the loan will be repaid. This chiropractors loan for $95,805 was given to an Indiana entrepreneur in 2005.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Evansville, Indiana was able to borrow $95,805 from Boonville Federal Savings Bank. The SBA made the loan possible by guaranteeing $81,434 of this Indiana small business loan.

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
EVANSVILLE, IN 47715

SBA Loan Lender

BOONVILLE FEDERAL SAVINGS BANK
123 N THIRD ST
BOONVILLE, IN 47601

This lender issued this SBA small business loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621310 - Chiropractors

Loan Approval Date

12/22/2005

Loan Approval Gross Amount

$95,805

Loan Approval from the SBA

Of the total $95,805 loan amount, the SBA guaranteed $81,434.

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. The SBA loan documents did not indicate that the small business planned to use the money to hire new employees or retain any existing employees.

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

If you are wondering how to raise money for a company in Evansville IN, you ought to talk with a local Evansville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Evansville businesses.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Startup Funding Tip

Best Banks in Boonville, Indiana

Getting an SBA Loan in Indiana