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

Canon National Bank Small Business Loan

 

 
Loan Census SBA Loan Info

Computer and Software Stores Small Business Loans

With these small business loans for computer and software stores, the SBA guarantees the lender that the loan will be repaid. This computer and software stores loan for $55,000 was given to a Colorado entrepreneur in 2004.

This small firm knew how to go about getting a business bank loan. Based in Pueblo, Colorado, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Canon National Bank, based in Pueblo, Colorado.

SBA Loan Borrower

COMPANY TYPE: COMPUTER AND SOFTWARE STORES
PUEBLO, CO 81003

SBA Loan Lender

CANON NATIONAL BANK
101 W 5TH ST
PUEBLO, CO 81002

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This small business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

443120 - Computer and Software Stores

Loan Approval Date

1/15/2004

Loan Approval Gross Amount

$55,000

Loan Approval from the SBA

Of the total $55,000 loan amount, the SBA guaranteed $46,750.

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 only one employee. The loan application did not indicate that the company promised to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

This SBA loan was for $55,000. How would you spend $55,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Realistic Debt Financing Options

SBA Approved Banks in Pueblo, Colorado

SBA Colorado Lenders