Englewood, Colorado Entrepreneur Gets an SBA Loan
Bank loans in Colorado are are few and far betweeen these days. We take a look at one Colorado bank loan, provided by a Texas bank, that was approved by the SBA.
This small business, based in Englewood, Colorado, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Jpmorgan Chase Bank. We've got the inside scoop on this Colorado small business loan.
SBA Loan Borrower
COMPANY TYPE: MARKETING CONSULTING SERVICES
ENGLEWOOD, CO 80112
SBA Loan Lender
JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
541613 - Marketing Consulting Services
Loan Approval Date
6/13/2005
Loan Approval Gross Amount
$204,700
Loan Approval from the SBA
Of the total $204,700 loan amount, the SBA guaranteed $153,525.
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 44 employees. This SBA loan request indicated that the loan would help generate 22 new jobs and retain 22 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide money to small business owners for working capital for other expenses.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Jpmorgan Chase Bank 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.
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