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November 15, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > Greeley, Business Loans > Advantage Bank Greeley Business Loans > Commercial And Institutional Building Construction Loan | ||||
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Business Loans for Greeley Small Business Owners
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Loans for Commercial and Institutional Building ConstructionLooking for loans for commercial and institutional building construction? Talk to a banker who works with the SBA. This $150,000 commercial and institutional building construction loan was issued by a Colorado bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Greeley, Colorado was able to borrow $150,000 from Advantage Bank. The SBA made the loan possible by guaranteeing $127,500 of this Colorado small business loan. SBA Loan Borrower COMPANY TYPE: COMMERCIAL AND INSTITUTIONAL BUILDING CONSTRUCTION SBA Loan Lender ADVANTAGE BANK This lender issued this particular commercial 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 236220 - Commercial and Institutional Building Construction Loan Approval Date 12/2/2003 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. More Information on This SBA Loan The borrower borrowed this money for an existing 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 2 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the money to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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 - Friends and Family SBA Banks in Greeley, Colorado
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