Loan Census Banking News and Information
May 11, 2024  
 
 
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Getting an SBA 7A Loan in Denver, Colorado

 

 
Loan Census SBA Loan Info

Colorado SBA Loan Issued to Current-Carrying Wiring Device Manufacturing Company

Would a Colorado SBA loan help your business get to the next level? If so, you may want to talk with this Ohio bank, which offers SBA loans to Colorado entrepreneurs.

You can learn something about getting a small business loan in Denver, Colorado by studying this loan to a local business, made back in 2001. Banks like U.S. Bank National Association may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: CURRENT-CARRYING WIRING DEVICE MANUFACTURING
DENVER, CO 80222

SBA Loan Lender

U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

335931 - Current-Carrying Wiring Device Manufacturing

Loan Approval Date

7/3/2001

Loan Approval Gross Amount

$171,400

Loan Approval from the SBA

Of the total $171,400 loan amount, the SBA guaranteed $128,550.

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 12 employees. This SBA loan request indicated that the loan would help retain 12 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

This SBA loan was for $171,400. How would you spend $171,400 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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