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November 21, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > San Francisco, Business Loans > Bank Of The West San Francisco Business Loans > Advertising Agencies Loan | ||||
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Bank Of The West Business Loan Denver, CO
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Denver, Colorado Business Gets SBA-Guaranteed Funding from Bank Of The WestBank Of The West is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one Colorado entrepreneur who tapped into the power of SBA loans. Getting a small business loan in Denver, Colorado was an essential business goal for this company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Bank Of The West, operating out of San Francisco, California. Here are the details on this Colorado small business loan. SBA Loan Borrower COMPANY TYPE: ADVERTISING AGENCIES SBA Loan Lender BANK OF THE WEST This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7311 - Advertising Agencies NAICS Code 541810 - Advertising Agencies Loan Approval Date 4/14/2000 Loan Approval Gross Amount $510,000 Loan Approval from the SBA Of the total $510,000 loan amount, the SBA guaranteed $382,500. 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 6 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 6 existing jobs. Getting an SBA Loan For Your Business If you need money to start a small business or need money for an existing business, an SBA loan can be a great source of funding. If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Bank Of The West 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. Related Links: Small Business Banks in San Francisco, California
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