Raising Money for Special Trade Contractors
Looking for business loans for special trade contractors? An SBA loan may be just what you've been looking for. This $354,000 special trade contractors loan was issued by a Colorado bank.
Getting a small business loan in Littleton, Colorado was important for this small business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Guaranty Bank & Trust, operating out of Denver, Colorado. Here are the details on this Colorado small business loan.
SBA Loan Borrower
COMPANY TYPE: SPECIAL TRADE CONTRACTORS
LITTLETON, CO 80127
SBA Loan Lender
GUARANTY BANK & TRUST
1331 17TH ST
DENVER, CO 80202
This lender provides SBA loan for small businesses as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
235990 - Special Trade Contractors
Loan Approval Date
6/18/2002
Loan Approval Gross Amount
$354,000
Loan Approval from the SBA
Of the total $354,000 loan amount, the SBA guaranteed $265,500.
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 13 employees. The loan application indicated that the loan would help retain 13 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
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 $354,000 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:
The Art of Bootstrapping
Good Banks for Small Business in Denver, Colorado
Getting an SBA Loan in Colorado