Greeley, Colorado Business Gets SBA-Guaranteed Funding from Advantage Bank

An SBA loan from Advantage Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Greeley, Colorado business owner got a $310,000 loan.

This growing company received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Advantage Bank, out of Greeley, Colorado. The loan was granted and they received $310,000 to help grow their Greeley, Colorado business.

SBA Loan Borrower

COMPANY TYPE: HEALTH PRACTITIONERS
GREELEY, CO 80634

SBA Loan Lender

ADVANTAGE BANK
1801 59TH AVE
GREELEY, CO 80634

This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621399 - Health Practitioners

Loan Approval Date

6/29/2004

Loan Approval Gross Amount

$310,000

Loan Approval from the SBA

Of the total $310,000 loan amount, the SBA guaranteed $232,500.

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 30 employees. The loan application did not indicate that the small business promised to use the money to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Advantage Bank and they will explain how you can get an SBA loan for your company.

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:

Raising VC Money for Social Networking Companies

SBA 7A Lenders in Greeley, Colorado

Colorado SBA 7A Lenders