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May 17, 2024 |
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| Home > Small Business Lenders by State > Illinois Business Loan Sources > Sterling, Business Loans > The National Bank Sterling Business Loans > Offices And Clinics Of Chiropractors Loan | ||||
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Sterling Bank Loan
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Sterling, Illinois Lender Lends Money to Offices And Clinics Of Chiropractors CompanyWant to talk with a Sterling, Illinois bank about an SBA loan? Here's one Illinois business loan, issued by a Sterling bank, that was approved by the SBA. Applying for an SBA loan with The National Bank worked out well for our friends at one local firm in Rock Falls, Illinois. They got an SBA loan for $79,400. Nice! SBA Loan Borrower COMPANY TYPE: OFFICES AND CLINICS OF CHIROPRACTORS SBA Loan Lender THE NATIONAL BANK This lender issued this particular business 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 5/4/2001 Loan Approval Gross Amount $79,400 Loan Approval from the SBA Of the total $79,400 loan amount, the SBA guaranteed $67,490. 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 company planned to use the loan proceeds to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! 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. We can help you find the best banks for small businesses in Rock Falls 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: SBA Participating Banks in Sterling, Illinois
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