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May 15, 2024 |
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| Home > Small Business Lenders by State > Illinois Business Loan Sources > Alsip, Business Loans > Great Lakes Bank Alsip Business Loans > Offices And Clinics Of Chiropractors Loan | ||||
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Small Business Banks for Frankfort Businesses
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Borrowing Money for ChiropractorsLooking for loans for chiropractors? The SBA may be the answer. This $59,000 chiropractors loan was issued by an Illinois bank. Getting a small business loan in Frankfort, Illinois was important for this company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Great Lakes Bank, operating out of Alsip, Illinois. Here are the details on this Illinois small business loan. SBA Loan Borrower COMPANY TYPE: OFFICES AND CLINICS OF CHIROPRACTORS SBA Loan Lender GREAT LAKES BANK This lender issued this particular commercial loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 8041 - Offices and Clinics of Chiropractors NAICS Code 621310 - Chiropractors Loan Approval Date 4/14/2000 Loan Approval Gross Amount $59,000 Loan Approval from the SBA Of the total $59,000 loan amount, the SBA guaranteed $47,200. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower did not indicate that the company planned to use the funding to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. This SBA loan was for $59,000. How would you spend $59,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Borrowing Money from Friends and Family SBA 7A Banks in Alsip, Illinois
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