Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

We Needed an SBA 7A Loan in Littleton, Colorado and We Got One!

 

 
Loan Census SBA Loan Info

Management Consulting Services Commercial Loans

Looking for commercial loans for management consulting services? An SBA loan may be just what you've been looking for. This $150,000 management consulting services loan was issued by a Colorado bank.

This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Guaranty Bank & Trust, out of Aurora, Colorado. The loan was granted and they received $150,000 to help grow their Littleton, Colorado business.

SBA Loan Borrower

COMPANY TYPE: MANAGEMENT CONSULTING SERVICES
LITTLETON, CO 80128

SBA Loan Lender

GUARANTY BANK & TRUST
3950 LEWISTON ST, 1 GATEWAY C
AURORA, CO 80011

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

541618 - Management Consulting Services

Loan Approval Date

6/29/2001

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 a new 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 3 employees. The SBA loan documents did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $150,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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 From a Venture Capitalist

SBA Banks in Aurora, Colorado

Getting an SBA Loan in Colorado