Loan Census Banking News and Information
May 7, 2024  
 
 
  Business Loan Information  
 

Commerce City, Colorado Bank Loan

 

 
Loan Census SBA Loan Info

Commercial Loans for Truck, Utility Trailer, and RV Rental and Leasing

With these commercial loans for truck, utility trailer, and rv rental and leasing, the SBA guarantees the lender that the loan will be repaid. This truck, utility trailer, and rv rental and leasing loan for $206,000 was given to a Colorado entrepreneur in 2004.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Commerce City, Colorado was able to borrow $206,000 from U.S. Bank National Association. The SBA made the loan possible by guaranteeing $154,500 of this Colorado small business loan.

SBA Loan Borrower

COMPANY TYPE: TRUCK, UTILITY TRAILER, AND RV RENTAL AND LEASING
COMMERCE CITY, CO 80022

SBA Loan Lender

U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202

This SBA bank 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

532120 - Truck, Utility Trailer, and RV Rental and Leasing

Loan Approval Date

7/30/2004

Loan Approval Gross Amount

$206,000

Loan Approval from the SBA

Of the total $206,000 loan amount, the SBA guaranteed $154,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 1 new job and retain 3 existing jobs.

Next Steps for Getting an SBA Loan

If you need business start up money in Commerce City CO, you ought to talk with a local Commerce City SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Commerce City businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like U.S. Bank National Association and they will explain how you can get an SBA loan for your company.

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.

Related Links:

Investor Turnoffs

SBA 7A Banks for Cincinnati, Ohio Loans

SBA Lenders in Ohio