Surveying and Mapping Services Commercial Loans

Looking for commercial loans for surveying and mapping services? The SBA may be the answer. This $86,500 surveying and mapping services loan was issued by a Colorado bank.

This small business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Colorado Bank & Trust, out of La Junta, Colorado. The loan was granted and they received $86,500 to help grow their Lajunta, Colorado business.

SBA Loan Borrower

COMPANY TYPE: SURVEYING AND MAPPING SERVICES
LAJUNTA, CO 81050

SBA Loan Lender

COLORADO BANK & TRUST
301 COLORADO AVE
LA JUNTA, CO 81050

This SBA bank 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

541370 - Surveying and Mapping Services

Loan Approval Date

4/25/2006

Loan Approval Gross Amount

$86,500

Loan Approval from the SBA

Of the total $86,500 loan amount, the SBA guaranteed $73,525.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower did not indicate that the business promised to use the funding to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $86,500 loan. Remember, anyone can do it... so why not you?

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:

Realistic Debt Financing Options

SBA 7A Lenders in La Junta, Colorado

Colorado SBA 7A Banks