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May 16, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > Farmington, Business Loans > Vectra Bank Colorado Farmington Business Loans > Engineering Services Loan | ||||
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New Mexico Bank SBA Loans
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Farmington, New Mexico Lender Lends Money to Engineering Services CompanyGet business loans from a Farmington, New Mexico bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too. Vectra Bank Colorado is a Farmington, New Mexico small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Colorado company. SBA Loan Borrower COMPANY TYPE: ENGINEERING SERVICES SBA Loan Lender VECTRA BANK COLORADO This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 541330 - Engineering Services Loan Approval Date 5/24/2007 Loan Approval Gross Amount $436,100 Loan Approval from the SBA Of the total $436,100 loan amount, the SBA guaranteed $327,075. 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 8 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 8 existing jobs. Getting an SBA Loan For Your Business SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer 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: Obtaining Funding From a Venture Capitalist SBA Banks in Farmington, New Mexico
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