Denver, Colorado Lender Lends Money to Public Relations Agencies Company
Find Denver, Colorado banks that specialize in SBA loans and know how to work with entrepreneurs. Guaranty Bank & Trust is one such bank, as evidenced by this SBA loan to one business.
Finding a small business loan in Denver, Colorado starts with an understanding of who else has gotten loans in the area. In this case, a local small business received funding from Guaranty Bank & Trust. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: PUBLIC RELATIONS AGENCIES
DENVER, CO 80202
SBA Loan Lender
GUARANTY BANK & TRUST
1331 17TH ST
DENVER, CO 80202
This lender issued this SBA bank loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
541820 - Public Relations Agencies
Loan Approval Date
6/6/2002
Loan Approval Gross Amount
$1,000,000
Loan Approval from the SBA
Of the total $1,000,000 loan amount, the SBA guaranteed $750,000.
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 28 employees. The loan application did not indicate that the SBA funding recipient planned to use the money to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Guaranty Bank & Trust 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 Loan
Good Banks for Small Business in Denver, Colorado
Colorado SBA 7A Lenders