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November 15, 2024  
 
 
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SBA Lender Denver Colorado

 

 
Loan Census SBA Loan Info

Getting an SBA Loan for Portfolio Management

With these commercial loans for portfolio management, the SBA guarantees the lender that the loan will be repaid. This portfolio management loan for $75,000 was given to a Colorado entrepreneur in 2005.

This small business received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Flatirons Bank, out of Boulder, Colorado. The loan was granted and they received $75,000 to help grow their Denver, Colorado business.

SBA Loan Borrower

COMPANY TYPE: PORTFOLIO MANAGEMENT
DENVER, CO 80202

SBA Loan Lender

FLATIRONS BANK
5400 MT MEEKER
BOULDER, CO 80301

This lender issued this particular SBA loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

523920 - Portfolio Management

Loan Approval Date

1/27/2005

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $63,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. The loan application did not indicate that the small business promised to use the funding to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great source of funding.

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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