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May 25, 2024  
 
 
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SBA 7A Banks for Fountain, Colorado Entrepreneurs

 

 
Loan Census SBA Loan Info

Specialty Trade Contractors SBA Loans

Looking for SBA loans for specialty trade contractors? Talk to a banker who works with the SBA. This $294,500 specialty trade contractors loan was issued by a Colorado bank.

This small business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Peoples National Bank, out of Colorado Springs, Colorado. The loan was granted and they received $294,500 to help grow their Fountain, Colorado business.

SBA Loan Borrower

COMPANY TYPE: SPECIALTY TRADE CONTRACTORS
FOUNTAIN, CO 80817

SBA Loan Lender

PEOPLES NATIONAL BANK
5175 N ACADEMY BLVD
COLORADO SPRINGS, CO 80918

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

238990 - Specialty Trade Contractors

Loan Approval Date

5/4/2007

Loan Approval Gross Amount

$294,500

Loan Approval from the SBA

Of the total $294,500 loan amount, the SBA guaranteed $220,875.

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 8 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 5 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $294,500 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Determining Proper Capital Structure for a Business

Best Colorado Springs, Colorado Banks for Small Business

Colorado SBA 7A Lenders