Document Preparation Services Business Loans
With these business loans for document preparation services, the SBA guarantees the lender that the loan will be repaid. This document preparation services loan for $200,000 was given to a Colorado entrepreneur in 2001.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Colorado Springs, Colorado was able to borrow $200,000 from Intrust Bank. The SBA made the loan possible by guaranteeing $150,000 of this Colorado small business loan.
SBA Loan Borrower
COMPANY TYPE: SECRETARIAL AND COURT REPORTING SERVICES
COLORADO SPRINGS, CO 80919
SBA Loan Lender
105 N MAIN ST
WICHITA, KS 67202
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
7338 - Secretarial and Court Reporting Services
561410 - Document Preparation Services
Loan Approval Date
Loan Approval Gross Amount
Loan Approval from the SBA
Of the total $200,000 loan amount, the SBA guaranteed $150,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 40 employees. The SBA loan documents did not indicate that the company planned to use the money to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
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.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Intrust Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.
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Small Business Banks in Wichita, Kansas
SBA Lenders in Kansas