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May 6, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Lubbock, Business Loans > First Bank & Trust Company Lubbock Business Loans > Chiropractors Loan | ||||
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How to Get SBA Loans in Levelland, Texas
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Where to Get Capital for ChiropractorsWith these SBA loans for chiropractors, the SBA guarantees the lender that the loan will be repaid. This chiropractors loan for $78,000 was given to a Texas entrepreneur in 2002. Getting a small business loan in Levelland, Texas was important for this small business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from First Bank & Trust Company, operating out of Lubbock, Texas. Here are the details on this Texas small business loan. SBA Loan Borrower COMPANY TYPE: CHIROPRACTORS SBA Loan Lender FIRST BANK & TRUST COMPANY This was a Low Documentation SBA loan. The SBA started this program to reduce the paperwork associated with getting a loan . The low-doc program is quick, requiring 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 11/15/2002 Loan Approval Gross Amount $78,000 Loan Approval from the SBA Of the total $78,000 loan amount, the SBA guaranteed $66,300. More Information on This SBA Loan The borrower borrowed this money for a new 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 did not indicate that the business promised to use the money to add employees or retain any existing employees. Getting an SBA Loan For Your Business SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. 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: SBA 7A Banks in Lubbock, Texas
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