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Changing business location after SBA loan approval
by Jessetdavis, Window Shopper
- Created: October 20, 2012, 7:27 am
I've recently been approved for an SBA loan for a new chiropractic office.
However, after closing my loan my landlord has
updated the buildout terms for considerable increase in time and costs. I
felt compelled to look at other office space availability
and have found a space that will require considerably less buildout costs and
is just a better location overall. My question is
regarding the rules of an SBA loan and revisiting the proposed location. I
have asked the bank to look into the matter but am
still waiting for a response. I need to know if the terms of the SBA loan
will impede me from pursuing a new location. Thanks for any insight.
SBA Community

jtowbin | Community Moderator | 10/22/2012 - 1:45 pm
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