How to Get a Loan for Engineering Services

Looking for commercial loans for engineering services? Try the SBA. This $330,000 engineering services loan was issued by a California bank.

Getting a small business loan in Boulder, Colorado was important for this small business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from World Trade Finance, Inc., operating out of Glendale, California. Here are the details on this Colorado small business loan.

SBA Loan Borrower

COMPANY TYPE: ENGINEERING SERVICES
BOULDER, CO 80301

SBA Loan Lender

WORLD TRADE FINANCE, INC.
515 N CENTRAL AVE, SUITE B
GLENDALE, CA 91203

This lender issued this business loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541330 - Engineering Services

Loan Approval Date

11/30/2004

Loan Approval Gross Amount

$330,000

Loan Approval from the SBA

Of the total $330,000 loan amount, the SBA guaranteed $297,000.

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 SBA loan application for the borrower did not indicate that the business promised to use the money to add employees or retain any existing employees.

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

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

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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