Hartford, Connecticut Lender Lends Money to Family Health Chiropractic
Get to know Hartford, Connecticut banks that specialize in business loans and know how to work with entrepreneurs. Business Lenders, LLC is one such bank, as evidenced by this SBA loan to Family Health Chiropractic.
Finding a small business loan in Austin, Texas starts with an understanding of who else has gotten loans in the area. In this case, Family Health Chiropractic received funding from Business Lenders, LLC Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
FAMILY HEALTH CHIROPRACTIC
3736 BEE CAVES RD #9
AUSTIN, TX 78746
SBA Loan Lender
BUSINESS LENDERS, LLC
50 STATE HOUSE SQUARE 5TH FL
HARTFORD, CT 06103
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621310 - Offices of Chiropractors
Loan Approval Date
3/26/2007
Loan Approval Gross Amount
$200,800
Loan Approval from the SBA
Of the total $200,800 loan amount, the SBA guaranteed $150,600.
More Information on This SBA Loan
The borrower, Family Health Chiropractic, borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 3 employees. This SBA loan request indicated that the loan would help retain 3 existing jobs.
Next Steps for Getting an SBA Loan
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 Business Lenders, LLC 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 SBA loan database.
Related Links:
Determining Proper Capital Structure for a Business
SBA Participating Banks in Hartford, Connecticut
Connecticut SBA 7A Banks
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