Loan Census Banking News and Information
April 19, 2024  
 
 
  Business Loan Information  
 

Pagosa Springs, Colorado Bank Loan

 

 
Loan Census SBA Loan Info

Bank Loans for Interior Design Services

Looking for bank loans for interior design services? The SBA may be the answer. This $50,000 interior design services loan was issued by a Colorado bank.

This company received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Citizens Bank - Pagosa Springs, out of Pagosa Springs, Colorado. The loan was granted and they received $50,000 to help grow their Pagosa Springs, Colorado business.

SBA Loan Borrower

COMPANY TYPE: INTERIOR DESIGN SERVICES
PAGOSA SPRINGS, CO 81147

SBA Loan Lender

CITIZENS BANK - PAGOSA SPRINGS
703 SAN JUAN ST
PAGOSA SPRINGS, CO 81147

This lender issued this particular commercial loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541410 - Interior Design Services

Loan Approval Date

2/24/2005

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $42,500.

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 4 employees. The loan application did not indicate that the business planned to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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