Get an SBA Loan for Offices of Chiropractors

Looking for loans for offices of chiropractors? Try the SBA. This $149,000 offices of chiropractors loan was issued by a Florida bank.

Getting a small business loan in Pompano Beach, Florida was important for Benjamin Chiropractic Inc. back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Metro Bank Of Dade County, operating out of Miami, Florida. Here are the details on this Florida small business loan.

SBA Loan Borrower

BENJAMIN CHIROPRACTIC INC.
100 EAST SAMPLE ROAD
POMPANO BEACH, FL 33064

SBA Loan Lender

METRO BANK OF DADE COUNTY
9350 S DIXIE HWY
MIAMI, FL 33156

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8041 - Offices and Clinics of Chiropractors

NAICS Code

621310 - Offices of Chiropractors

Loan Approval Date

12/18/2003

Loan Approval Gross Amount

$149,000

Loan Approval from the SBA

Of the total $149,000 loan amount, the SBA guaranteed $126,650.

More Information on This SBA Loan

The borrower, Benjamin Chiropractic Inc., 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. This SBA loan request did not indicate that the SBA funding recipient promised to use the funding to increase staffing levels or retain any existing employees. This loan was paid in full, and was closed out on 3/6/2006.

Start the Process for Getting an SBA Loan Today!

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.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. Benjamin Chiropractic Inc. needed a loan. Metro Bank Of Dade County probably wouldn't have granted the loan based on the merits of the company, but with the SBA stepping up and agreeing to guarantee part of the loan, Metro Bank Of Dade County made the loan. The end result was that Benjamin Chiropractic Inc. was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's SBA loan database.

Related Links:

Business Line of Credit

Small Business Banks in Miami, Florida

SBA Participating Banks in Florida

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