SBA Loan from Guaranty Bank & Trust Helps Business Services Company
Guaranty Bank & Trust has a track record as a leading provider of SBA loans. Find out how this Colorado entrepreneur received an SBA loan from them.
This growing company knew how to go about getting a business bank loan. Based in Englewood, Colorado, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was Guaranty Bank & Trust, based in Denver, Colorado.
SBA Loan Borrower
COMPANY TYPE: BUSINESS SERVICES
ENGLEWOOD, CO 80112
SBA Loan Lender
GUARANTY BANK & TRUST
1331 17TH ST
DENVER, CO 80202
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan for a small business was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7389 - Business Services
Loan Approval Date
4/5/2000
Loan Approval Gross Amount
$336,000
Loan Approval from the SBA
Of the total $336,000 loan amount, the SBA guaranteed $252,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 8 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.
Next Steps for Getting an SBA Loan
Many small businesses receive loans backed by the U.S. Small Business Administration.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Guaranty Bank & Trust are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.
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:
Financing Your Business
Find an SBA Lender in Denver, Colorado
SBA Colorado Lenders