U.S. Bank National Association Gives Bank Loan to Sign Manufacturing Company
ColoradoSBA loans are available to Colorado entrepreneurs through the SBA. In this case, an Ohio bank provides the loan.
Getting a small business loan in Denver, Colorado was a top priority for this particular business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from U.S. Bank National Association. Here are the details on this Colorado small business loan.
SBA Loan Borrower
COMPANY TYPE: SIGN MANUFACTURING
DENVER, CO 80216
SBA Loan Lender
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202
This lender processed this debt financing under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
339950 - Sign Manufacturing
Loan Approval Date
3/6/2007
Loan Approval Gross Amount
$56,700
Loan Approval from the SBA
Of the total $56,700 loan amount, the SBA guaranteed $28,350.
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 11 employees. The SBA loan application for the borrower indicated that the loan would help retain 11 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you are working on finding money to start a business in Denver CO, you ought to talk with a local Denver SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Denver 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 $56,700 loan. Remember, you control your own destiny.
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:
Determining Proper Capital Structure for a Business
Where to Get an SBA Loan in Cincinnati, Ohio
Where to Get an SBA Loan Ohio