Business Loan from Citywide Banks Given to Personal Services Company
Citywide Banks has a track record as a leading provider of SBA loans. Find out how this Colorado entrepreneur received an SBA loan from them.
Getting a small business loan in Englewood, Colorado was an essential business goal for this company back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Citywide Banks, operating out of Denver, Colorado. Here are the details on this Colorado small business loan.
SBA Loan Borrower
COMPANY TYPE: PERSONAL SERVICES
ENGLEWOOD, CO 80111
SBA Loan Lender
CITYWIDE BANKS
12075 E 45TH AVE
DENVER, CO 80239
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
812990 - Personal Services
Loan Approval Date
11/19/2003
Loan Approval Gross Amount
$515,000
Loan Approval from the SBA
Of the total $515,000 loan amount, the SBA guaranteed $386,250.
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 4 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
Every year, the SBA guarantees over $10 billion for loans just like this one.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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:
Business Credit Evaluation
Banks in Denver, Colorado
Colorado SBA Bank Lenders