U.S. Bank National Association SBA Loan to Limousine Service Company
U.S. Bank National Association has a track record as a leading provider of SBA loans. Find out how this Colorado entrepreneur received an SBA loan from them.
Getting a small business loan in Colorado Springs, Colorado was an essential business goal for this firm back in 2004 and, based on their loan application, they were successful in getting an SBA loan from U.S. Bank National Association, operating out of Cincinnati, Ohio. Here are the details on this Colorado small business loan.
SBA Loan Borrower
COMPANY TYPE: LIMOUSINE SERVICE
COLORADO SPRINGS, CO 80911
SBA Loan Lender
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202
The lender provided this business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
485320 - Limousine Service
Loan Approval Date
3/2/2004
Loan Approval Gross Amount
$12,000
Loan Approval from the SBA
Of the total $12,000 loan amount, the SBA guaranteed $6,000.
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 only one employee. This SBA loan request indicated that the loan would help generate 1 new job and retain 2 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great way to raise money
If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from U.S. Bank National Association so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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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