Architectural Services Commercial Loans
With these commercial loans for architectural services, the SBA guarantees the lender that the loan will be repaid. This architectural services loan for $292,000 was given to a Colorado entrepreneur in 2000.
Getting a small business loan in Englewood, Colorado was important for this business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Guaranty Bank & Trust, operating out of Denver, Colorado. Here are the details on this Colorado small business loan.
SBA Loan Borrower
COMPANY TYPE: ARCHITECTURAL SERVICES
ENGLEWOOD, CO 80111
SBA Loan Lender
GUARANTY BANK & TRUST
1331 17TH ST
DENVER, CO 80202
The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide commercial loans to to entrepreneurs who might have trouble getting a conventional bank loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8712 - Architectural Services
NAICS Code
541310 - Architectural Services
Loan Approval Date
8/16/2000
Loan Approval Gross Amount
$292,000
Loan Approval from the SBA
Of the total $292,000 loan amount, the SBA guaranteed $219,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 7 employees. The loan application did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
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.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Guaranty Bank & Trust that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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:
Obtaining Funding - How to Decide How Much to Raise
Small Bank Loans in Denver, Colorado
Colorado SBA 7A Lenders