Loan Census Banking News and Information
March 28, 2024  
 
 
  Business Loan Information  
 

Who Can Get a Business Loan in North Pole, Alaska?

 

 
Loan Census SBA Loan Info

Where to Get Capital for Chiropractors

With these small business loans for chiropractors, the SBA guarantees the lender that the loan will be repaid. This chiropractors loan for $110,000 was given to an Alaska entrepreneur in 2003.

Getting a small business loan in North Pole, Alaska was important for this growing firm back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Mt. Mckinley Bank, operating out of Fairbanks, Alaska. Here are the details on this Alaska small business loan.

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
NORTH POLE, AK 99705

SBA Loan Lender

MT. MCKINLEY BANK
530 FOURTH AVE
FAIRBANKS, AK 99701

This lender issued this particular SBA bank 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.

NAICS Code

621310 - Chiropractors

Loan Approval Date

6/23/2003

Loan Approval Gross Amount

$110,000

Loan Approval from the SBA

Of the total $110,000 loan amount, the SBA guaranteed $93,500.

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 3 employees. The SBA loan application for the borrower did not indicate that the business promised to use the money to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? 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:

Obtaining Funding - How to Decide How Much to Raise

SBA Participating Banks in Fairbanks, Alaska

Where to Get an SBA Loan Alaska