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November 15, 2024  
 
 
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Requirements for Businesses On Getting a Loan

 

 
Loan Census SBA Loan Info

Business Loans for Home Health Care Services

Looking for business loans for home health care services? Talk to a banker who works with the SBA. This $150,000 home health care services loan was issued by an Alabama bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Aurora, Colorado was able to borrow $150,000 from Compass Bank. The SBA made the loan possible by guaranteeing $127,500 of this Colorado small business loan.

SBA Loan Borrower

COMPANY TYPE: HOME HEALTH CARE SERVICES
AURORA, CO 80012

SBA Loan Lender

COMPASS BANK
15 S 20TH ST
BIRMINGHAM, AL 35233

This lender provides SBA guaranteed bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621610 - Home Health Care Services

Loan Approval Date

10/30/2007

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 40 employees. The SBA loan application for the borrower indicated that the loan would help generate 20 new jobs and retain 40 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

We've showcased information on this loan to let you know that businesses like yours 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:

Business Credit Evaluation

Best Birmingham, Alabama Banks for Small Business

SBA Alabama Lenders