SBA lending record

Legacy Chiropractic

511 16th Street S, New Ulm, MN 56073 · Offices of Chiropractors. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$182K

Total SBA financing

Loan on record

FY2024

On record

Jobs supported

● business — business location is the ZIP-area centroid from the public record

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The loan

$182,000 — FY2024

Gross approval: $182,000
SBA guaranteed: $136,500 (75%)
Status: Current
Rate at approval: 10.5% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 2/7/2024
First disbursement: 2/13/2024
Days to fund: 6 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 6
Business type: Corporation
Business age: New Business or 2 years or less
Industry: Offices of Chiropractors
NAICS code: 621310
Lender: Frandsen Bank and Trust
Address: 511 16th Street S
City: New Ulm, 56073
County: Brown
SBA district office: MINNESOTA DISTRICT OFFICE
Congressional district: 1

The lender

Frandsen Bank and Trust

1 loan to this businessFull SBA lending record + branches on the lender page →

Find SBA lenders for businesses like this

The banks most active funding offices of chiropractors — by location, industry.

SBA lenders in Minnesota Lenders for offices of chiropractors Offices of Chiropractors lenders in Minnesota

Similar businesses

Comparable offices of chiropractors in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Kinetic Chiropractic PC

Mankato, MN· ~25 mi

Offices of Chiropractors

$176K
SBA financing: ≈ $345K–$575K
Est. revenue (rough)

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Fussy Chiropractic Health and Wellness, PLLC

Mankato, MN· ~25 mi

HealthSource Chiropractic

$290K
SBA financing: ≈ $569K–$948K
Est. revenue (rough)

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HealthSource Chiropractic of New Prague, PA

New Prague, MN· ~46 mi

HealthSource Chiropractic

$168K
SBA financing: ≈ $329K–$549K
Est. revenue (rough)

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LeDuc Chiropractic, PLLC

Delano, MN· ~61 mi

Offices of Chiropractors

$175K
SBA financing: ≈ $343K–$572K
Est. revenue (rough)

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Gauer Chiropractic Clinic PA

Glencoe, MN· ~36 mi

Offices of Chiropractors

$262K
SBA financing: ≈ $514K–$856K
Est. revenue (rough)

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McSharry Chiro, LLC

Excelsior, MN· ~60 mi

Offices of Chiropractors

$246K
SBA financing: ≈ $482K–$804K
Est. revenue (rough)

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Agent summary

This page summarizes the public SBA 7(a) lending record for Legacy Chiropractic in New Ulm, MN (Offices of Chiropractors). CapBench compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.

1 SBA 7(a) loan totaling $182K
On record FY2024
6 jobs supported
Industry: Offices of Chiropractors
Location: New Ulm, MN
Lender: Frandsen Bank and Trust

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Offices of Chiropractors businesses in MN for ~$182k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.

Next steps

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Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/businesses/legacy-chiropractic-mn
API:: https://www.capbench.com/api/public/businesses/legacy-chiropractic-mn
Methodology:: Sources & methodology

Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and CapBench methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.

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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Legacy Chiropractic.