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| Entrepreneur Resources | Franklin Bank S.S.B. Houston Business Loans | ||||
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Who Can Get a Business Loan in Austin, Texas?
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SBA Loans for Offices of ChiropractorsLooking for SBA loans for offices of chiropractors? Talk to a banker who works with the SBA. This $70,000 offices of chiropractors loan was issued by a Texas bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Austin, Texas was able to borrow $70,000 from Franklin Bank S.S.B.. The SBA made the loan possible by guaranteeing $59,500 of this Texas small business loan. SBA Loan Borrower DAVID ARMSTRONG DC SBA Loan Lender FRANKLIN BANK S.S.B. This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621310 - Offices of Chiropractors Loan Approval Date 1/22/2002 Loan Approval Gross Amount $70,000 Loan Approval from the SBA Of the total $70,000 loan amount, the SBA guaranteed $59,500. More Information on This SBA Loan The borrower, David Armstrong Dc, borrowed this money for a new business. The SBA's record indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. The SBA loan documents did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees. This loan was paid in full, and was closed out on 3/4/2008. Great, But How Can I Get an SBA Loan for My Business? SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. Your solution for where to find money to start a business may be an SBA guaranteed loan. David Armstrong Dc recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: SBA 7A Banks for Houston, Texas Loans If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.
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