Small Business Loans for Lawyers
With these small business loans for lawyers, the SBA guarantees the lender that the loan will be repaid. This lawyers loan for $150,000 was given to a Colorado entrepreneur in 2003.
This small firm received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Cobiz Bank, out of Littleton, Colorado. The loan was granted and they received $150,000 to help grow their Lone Tree, Colorado business.
SBA Loan Borrower
COMPANY TYPE: LAWYERS
LONE TREE, CO 80124
SBA Loan Lender
COBIZ BANK
101 W MINERAL AVE
LITTLETON, CO 80120
This lender issued this particular bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
541110 - Lawyers
Loan Approval Date
9/17/2003
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 an existing business. This loan was not for a franchise. At the time of the loan, the company
had 18 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
Many small businesses receive loans backed by the U.S. Small Business Administration.
We can help you find the best banks for small businesses in Lone Tree or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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