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December 18, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > Boston, Business Loans > Lehman Brothers Bank, Fsb Boston Business Loans > Stationery And Office Supplies Loan | ||||
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Colorado Springs, Colorado Bank Loan
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Colorado Springs, Colorado Entrepreneur Gets a Bank LoanWant a Colorado bank loan? This Colorado entrepreneur got a bank loan, provided by a Massachusetts bank that works with the SBA to help small business owners. You can learn something about getting a small business loan in Colorado Springs, Colorado by studying this loan to a local company, made back in 2000. Banks like Lehman Brothers Bank, Fsb may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: STATIONERY AND OFFICE SUPPLIES SBA Loan Lender LEHMAN BROTHERS BANK, FSB This lender provides SBA 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. SIC Code 5112 - Stationery and Office Supplies Loan Approval Date 3/16/2000 Loan Approval Gross Amount $929,000 Loan Approval from the SBA Of the total $929,000 loan amount, the SBA guaranteed $696,750. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 6 employees. The SBA loan documents indicated that the loan would help retain 6 existing jobs. Next Steps for Getting an SBA Loan The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $929,000 loan. Remember, things become real when you believe you can achieve them! 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: Microlending as a Small Business Funding Source Best Banks in Boston, Massachusetts
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