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November 15, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > Fort Collins, Business Loans > First National Bank Fort Collins Business Loans > Couriers And Express Delivery Services Loan | ||||
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SBA Lenders in Colorado
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First National Bank SBA Loan to Couriers And Express Delivery Services CompanyFirst National Bank has a track record as a leading provider of SBA loans. Find out how this Colorado entrepreneur received an SBA loan from them. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Fort Collins, Colorado was able to borrow $65,000 from First National Bank. The SBA made the loan possible by guaranteeing $55,250 of this Colorado small business loan. SBA Loan Borrower COMPANY TYPE: COURIERS AND EXPRESS DELIVERY SERVICES SBA Loan Lender FIRST NATIONAL BANK This lender issued this particular SBA business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 492110 - Couriers and Express Delivery Services Loan Approval Date 11/18/2002 Loan Approval Gross Amount $65,000 Loan Approval from the SBA Of the total $65,000 loan amount, the SBA guaranteed $55,250. 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 only one employee. The SBA loan application for the borrower did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. This SBA loan was for $65,000. How would you spend $65,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Best Banks in Fort Collins, Colorado
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