Engineering Services Business Loans
Looking for business loans for engineering services? Try the SBA. This $782,000 engineering services loan was issued by a Colorado bank.
This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Premier Bank, out of Denver, Colorado. The loan was granted and they received $782,000 to help grow their Boulder, Colorado business.
SBA Loan Borrower
COMPANY TYPE: ARCHITECTURAL SERVICES
BOULDER, CO 80301
SBA Loan Lender
PREMIER BANK
1630 STOUT ST
DENVER, CO 80202
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.
SIC Code
8712 - Architectural Services
NAICS Code
541330 - Engineering Services
Loan Approval Date
7/5/2001
Loan Approval Gross Amount
$782,000
Loan Approval from the SBA
Of the total $782,000 loan amount, the SBA guaranteed $703,800.
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 7 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the money to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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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