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April 25, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > Fort Collins, Business Loans > First National Bank Fort Collins Business Loans > Professional Equipment And Supplies Wholesalers Loan | ||||
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Colorado SBA Banks
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Fort Collins, Colorado Bank Lends Money to Professional Equipment And Supplies Wholesalers Company in Fort Collins, ColoradoWant to talk with a Fort Collins, Colorado bank about an SBA loan? Here's one Colorado business loan, issued by a Fort Collins bank, that was approved by the SBA. Applying for an SBA loan with First National Bank worked out well for our friends at one local firm in Fort Collins, Colorado. They received an SBA loan for $40,000. Nice! SBA Loan Borrower COMPANY TYPE: PROFESSIONAL EQUIPMENT AND SUPPLIES WHOLESALERS SBA Loan Lender FIRST NATIONAL BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 421490 - Professional Equipment and Supplies Wholesalers Loan Approval Date 3/12/2003 Loan Approval Gross Amount $40,000 Loan Approval from the SBA Of the total $40,000 loan amount, the SBA guaranteed $34,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The loan application did not indicate that the company promised to use the money to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like First National 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. Related Links: Role of Business Plan When Raising Money Good Banks for Small Business in Fort Collins, Colorado Getting an SBA Loan in Colorado
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