Austin, Texas Bank Gives SBA Loan to Hites Family Chiropractic, P.C
An Austin, Texas small business loan can be yours. Learn how Hites Family Chiropractic, P.C got a $83,000 business loan from this Texas bank.
This loan to Hites Family Chiropractic, P.C is a good example of an SBA loan. University Fcu made the loan and the SBA guaranteed a portion of the loan. Many other Texas entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.
SBA Loan Borrower
HITES FAMILY CHIROPRACTIC, P.C
2712 BEE CAVES
AUSTIN, TX 78746
SBA Loan Lender
UNIVERSITY FCU
3305 STECK AVE
AUSTIN, TX 78757
This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621310 - Offices of Chiropractors
Loan Approval Date
2/24/2006
Loan Approval Gross Amount
$83,000
Loan Approval from the SBA
Of the total $83,000 loan amount, the SBA guaranteed $70,550.
More Information on This SBA Loan
The borrower, Hites Family Chiropractic, P.C, borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had only one employee. This SBA loan request did not indicate that the company planned to use the loan proceeds 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.
We can help you find the best banks for small businesses in Austin 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 SBA loan database.
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