Land Subdivision Commercial Loans
Looking for commercial loans for land subdivision? Try the SBA. This $300,000 land subdivision loan was issued by a Colorado bank.
This business knew how to go about getting a business bank loan. Based in Lakewood, Colorado, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Commercial Savings Bank, based in Englewood, Colorado.
SBA Loan Borrower
COMPANY TYPE: LAND SUBDIVISION
LAKEWOOD, CO 80214
SBA Loan Lender
COMMERCIAL SAVINGS BANK
8480 E ORCHARD RD, STE 1400
ENGLEWOOD, CO 80111
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA loans to to entrepreneurs who might have trouble getting a conventional bank loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
237210 - Land Subdivision
Loan Approval Date
9/6/2006
Loan Approval Gross Amount
$300,000
Loan Approval from the SBA
Of the total $300,000 loan amount, the SBA guaranteed $225,000.
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 21 employees. This SBA loan request did not indicate that the business planned to use the funding to hire new 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:
Getting a Small Business Loan
SBA Approved Banks in Englewood, Colorado
SBA Colorado Lenders