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May 4, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Saint Louis, Business Loans > Heartland Bank Saint Louis Business Loans > Chiropractors Loan | ||||
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SBA Lenders Missouri
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Saint Louis, Missouri Bank Gives SBA Loan to Chiropractors CompanyWant to talk with a Saint Louis, Missouri bank about an SBA loan? Here's one Missouri business loan, issued by a Saint Louis bank, that was approved by the SBA. Applying for an SBA loan with Heartland Bank worked out well for our friends at one local firm in St. Louis, Missouri. They received an SBA loan for $242,000. Sweet! SBA Loan Borrower COMPANY TYPE: CHIROPRACTORS SBA Loan Lender HEARTLAND BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621310 - Chiropractors Loan Approval Date 9/22/2005 Loan Approval Gross Amount $242,000 Loan Approval from the SBA Of the total $242,000 loan amount, the SBA guaranteed $181,500. 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 4 employees. The SBA loan application for the borrower indicated that the loan would help retain 4 existing jobs. Getting an SBA Loan For Your Business SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Heartland Bank and they will explain how you can get an SBA loan for your company. 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 Best Banks for Small Business in Saint Louis, Missouri
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