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May 9, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > Arvada, Business Loans > Bank Of Choice-Colorado Arvada Business Loans > Highway And Street Construction Loan | ||||
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Business Loans for Erie Small Businesses
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Highway and Street Construction LoansWith these loans for highway and street construction, the SBA guarantees the lender that the loan will be repaid. This highway and street construction loan for $245,293 was given to a Colorado entrepreneur in 2004. Getting a small business loan in Erie, Colorado was important for this company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Bank Of Choice-Colorado, operating out of Arvada, Colorado. Here are the details on this Colorado small business loan. SBA Loan Borrower COMPANY TYPE: HIGHWAY AND STREET CONSTRUCTION SBA Loan Lender BANK OF CHOICE-COLORADO The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA bank loans to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 234110 - Highway and Street Construction Loan Approval Date 1/20/2004 Loan Approval Gross Amount $245,293 Loan Approval from the SBA Of the total $245,293 loan amount, the SBA guaranteed $183,970. More Information on This SBA Loan The borrower borrowed this money for a new 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 only one employee. The SBA loan documents did not indicate that the company planned to use the money to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you need money to start a small business or need money for an existing business, an SBA loan can be a great source of funding. 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 Business Banks in Arvada, Colorado
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