Loan Census Banking News and Information
May 3, 2024  
 
 
  Business Loan Information  
 

SBA 7A Banks for Small Businesses in Colorado

 

 
Loan Census SBA Loan Info

Colorado Bank Loan Issued to Lawyers Company

Want a Colorado small business loan? This Colorado entrepreneur got a small business loan, provided by an Ohio bank that works with the SBA to help small business owners.

You can learn something about getting a small business loan in Englewood, Colorado by studying this loan to a local company, made back in 2002. Banks like Keybank National Association may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: LAWYERS
ENGLEWOOD, CO 80111

SBA Loan Lender

KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQ
CLEVELAND, OH 44114

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541110 - Lawyers

Loan Approval Date

5/13/2002

Loan Approval Gross Amount

$746,300

Loan Approval from the SBA

Of the total $746,300 loan amount, the SBA guaranteed $559,725.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 8 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 8 existing jobs.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

This SBA loan was for $746,300. How would you spend $746,300 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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