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April 19, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > Englewood, Business Loans > Commercial Savings Bank Englewood Business Loans > Iron And Steel Pipe And Tube Manufacturing From Purchased Steel Loan | ||||
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Colorado Bank SBA Loans
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Business Loan from Commercial Savings Bank Given to Iron And Steel Pipe And Tube Manufacturing From Purchased Steel CompanyCommercial Savings Bank has a track record as a leading provider of SBA loans. Find out how this Colorado entrepreneur received an SBA loan from them. This growing company received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Commercial Savings Bank, out of Englewood, Colorado. The loan was granted and they received $250,000 to help grow their Henderson, Colorado business. SBA Loan Borrower COMPANY TYPE: IRON AND STEEL PIPE AND TUBE MANUFACTURING FROM PURCHASED STEEL SBA Loan Lender COMMERCIAL SAVINGS BANK This loan for a small business was provided by a small business banker with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loans to the SBA get more expeditious service from the SBA on their loan applications. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 331210 - Iron and Steel Pipe and Tube Manufacturing from Purchased Steel Loan Approval Date 6/3/2002 Loan Approval Gross Amount $250,000 Loan Approval from the SBA Of the total $250,000 loan amount, the SBA guaranteed $187,500. 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 25 employees. The loan application did not indicate that the SBA funding recipient planned to use the money to add employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: Small Bank Loans in Englewood, Colorado
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