Financing for Testing Laboratories

Looking for commercial loans for testing laboratories? An SBA loan may be just what you've been looking for. This $280,000 testing laboratories loan was issued by a Colorado bank.

Getting a small business loan in Loveland, Colorado was important for this small business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from First National Bank, operating out of Loveland, Colorado. Here are the details on this Colorado small business loan.

SBA Loan Borrower

COMPANY TYPE: TESTING LABORATORIES
LOVELAND, CO 80537

SBA Loan Lender

FIRST NATIONAL BANK
750 N LINCOLN AVE
LOVELAND, CO 80537

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 business loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541380 - Testing Laboratories

Loan Approval Date

6/26/2003

Loan Approval Gross Amount

$280,000

Loan Approval from the SBA

Of the total $280,000 loan amount, the SBA guaranteed $210,000.

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 2 employees. This SBA loan request did not indicate that the small business promised to use the funding to add employees or retain any existing employees.

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

SBA loans provide smart, affordable business financing for small businesses looking to expand.

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:

Getting a Small Business Loan

Best Banks in Loveland, Colorado

SBA Participating Banks in Colorado