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May 12, 2024  
 
 
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We Needed a Business Loan in New Berlin, Wisconsin and We Got One!

 

 
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 $85,723 was given to a Wisconsin entrepreneur in 2003.

Getting a small business loan in New Berlin, Wisconsin was important for this small business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Anchorbank, Fsb, operating out of New Berlin, Wisconsin. Here are the details on this Wisconsin small business loan.

SBA Loan Borrower

COMPANY TYPE: OFFICES AND CLINICS OF CHIROPRACTORS
NEW BERLIN, WI 53151

SBA Loan Lender

ANCHORBANK, FSB
15600 W CLEVELAND AVE
NEW BERLIN, WI 53151

This lender issued this particular SBA 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

8/5/2003

Loan Approval Gross Amount

$85,723

Loan Approval from the SBA

Of the total $85,723 loan amount, the SBA guaranteed $72,864.

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 7 employees. The loan application did not indicate that the small business promised to use the funding to increase staffing levels or retain any existing employees.

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

Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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.

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