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October 22, 2021  
 
 
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AL SBA Loan from Vision Bank

 

 
Loan Census SBA Loan Info

Vision Bank SBA Loan to Chiropractors Company

Vision Bank has a track record as a leading provider of SBA loans. Find out how this Alabama entrepreneur received an SBA loan from them.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Orange Beach, Alabama was able to borrow $106,378 from Vision Bank. The SBA made the loan possible by guaranteeing $90,421 of this Alabama small business loan.

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
ORANGE BEACH, AL 36561

SBA Loan Lender

VISION BANK
2200 STANFORD RD
PANAMA CITY, FL 32405

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.

NAICS Code

621310 - Chiropractors

Loan Approval Date

10/28/2004

Loan Approval Gross Amount

$106,378

Loan Approval from the SBA

Of the total $106,378 loan amount, the SBA guaranteed $90,421.

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. This SBA loan request did not indicate that the small business promised to use the money to hire new employees or retain any existing employees.

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

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

This company got an SBA loan. You can too! Maybe you need seed money for 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.

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