Centennial, Colorado Entrepreneur Gets an SBA Loan
Want a Colorado small business loan? This Colorado entrepreneur got a small business loan, provided by a California bank that works with the SBA to help small business owners.
This small business, based in Centennial, Colorado, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from California Bank & Trust. We've got the inside scoop on this Colorado small business loan.
SBA Loan Borrower
COMPANY TYPE: LANDSCAPE ARCHITECTURAL SERVICES
CENTENNIAL, CO 80112
SBA Loan Lender
CALIFORNIA BANK & TRUST
2399 GATEWAY OAKS DR, STE 110
SACRAMENTO, CA 95833
This lender provides SBA business 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
541320 - Landscape Architectural Services
Loan Approval Date
2/5/2008
Loan Approval Gross Amount
$612,000
Loan Approval from the SBA
Of the total $612,000 loan amount, the SBA guaranteed $459,000.
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 30 employees. The SBA loan documents indicated that the loan would help retain 30 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans provide smart, affordable business financing for small businesses looking to expand.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like California Bank & Trust are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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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