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April 29, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > Denver, Business Loans > Guaranty Bank & Trust Denver Business Loans > Furniture Stores Loan | ||||
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Colorado Bank SBA Loans
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Denver, Colorado Bank Gives SBA Loan to Furniture Stores CompanyThinking about meeting with a Denver, Colorado bank about a business loan? Here's one Colorado business loan, issued by a Denver bank, that was approved by the SBA. Applying for an SBA loan with Guaranty Bank & Trust worked out well for our friends at one local firm in Denver, Colorado. They got an SBA loan for $420,000. Way to go! SBA Loan Borrower COMPANY TYPE: FURNITURE STORES SBA Loan Lender GUARANTY BANK & TRUST The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA loans to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 442110 - Furniture Stores Loan Approval Date 7/29/2004 Loan Approval Gross Amount $420,000 Loan Approval from the SBA Of the total $420,000 loan amount, the SBA guaranteed $315,000. 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 2 employees. This SBA loan request did not indicate that the small business planned to use the loan proceeds to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. We can help you find the best banks for small businesses in Denver or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Role of Business Plan When Raising Money Small Business Banks in Denver, Colorado
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