Gunnison, Colorado Bank Gives SBA Loan to Carpet And Upholstery Cleaning Services Company
Thinking about meeting with a Gunnison, Colorado bank about a small business loan? Here's one Colorado business loan, issued by a Gunnison bank, that was approved by the SBA.
Applying for an SBA loan with Gunnison Bank & Trust worked out well for our friends at one local firm in Gunnison, Colorado. The business was able to get an SBA loan for $72,000. Awesome!
SBA Loan Borrower
COMPANY TYPE: CARPET AND UPHOLSTERY CLEANING SERVICES
GUNNISON, CO 81230
SBA Loan Lender
GUNNISON BANK & TRUST
232 W TOMICHI AVE
GUNNISON, CO 81230
This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
561740 - Carpet and Upholstery Cleaning Services
Loan Approval Date
10/17/2002
Loan Approval Gross Amount
$72,000
Loan Approval from the SBA
Of the total $72,000 loan amount, the SBA guaranteed $61,200.
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 28 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans provide smart, affordable business financing for small businesses looking to expand.
While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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.
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