Loan Census Banking News and Information
May 2, 2024  
 
 
  Business Loan Information  
 

Tips for Entrepreneurs On Getting a Loan

 

 
Loan Census SBA Loan Info

Chiropractors Loans

Looking for loans for chiropractors? An SBA loan may be just what you've been looking for. This $200,000 chiropractors loan was issued by an Illinois bank.

This company received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with First Choice Bank, out of Geneva, Illinois. The loan was granted and they received $200,000 to help grow their Oak Park, Illinois business.

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
OAK PARK, IL 60302

SBA Loan Lender

FIRST CHOICE BANK
1900 W STATE ST
GENEVA, IL 60134

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621310 - Chiropractors

Loan Approval Date

11/2/2007

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $150,000.

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 indicated that the funding would help create 1 new job.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

We can help you find the best banks for small businesses in Oak Park or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Business Line of Credit

SBA 7A Banks in Geneva, Illinois

Illinois SBA Bank Lenders