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May 18, 2024 |
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| Home > Small Business Lenders by State > New Mexico Business Loan Sources > Taos, Business Loans > First Community Bank Taos Business Loans > Janitorial Services Loan | ||||
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How to Get SBA Money in Grants, New Mexico
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Company Gets a New Mexico Small Business LoanNew MexicoSBA loans are available to New Mexico entrepreneurs through the SBA. In this case, a New Mexico bank provides the loan. Getting a small business loan in Grants, New Mexico was a top priority for this particular business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from First Community Bank. Here are the details on this New Mexico small business loan. SBA Loan Borrower COMPANY TYPE: JANITORIAL SERVICES SBA Loan Lender FIRST COMMUNITY BANK This small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 561720 - Janitorial Services Loan Approval Date 7/23/2002 Loan Approval Gross Amount $241,800 Loan Approval from the SBA Of the total $241,800 loan amount, the SBA guaranteed $181,350. 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 60 employees. The loan application did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you are working on finding money to start a business in Grants NM, you ought to talk with a local Grants SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Grants businesses. 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 $241,800 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: Where to Get an SBA Loan in Taos, New Mexico
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