Colorado Small Business Loan Issued to Plumbing, Heating, And Air-Conditioning Contractors Company
Looking to get a Colorado bank loan? This Colorado entrepreneur got a bank loan, provided by a California bank that works with the SBA to help small business owners.
Getting a small business loan in Northglenn, Colorado was a top priority for this loan applicant back in 2004 and, based on their loan application, they were successful in getting an SBA loan from California Bank & Trust. Here are the details on this Colorado small business loan.
SBA Loan Borrower
COMPANY TYPE: PLUMBING, HEATING, AND AIR-CONDITIONING CONTRACTORS
NORTHGLENN, CO 80234
SBA Loan Lender
CALIFORNIA BANK & TRUST
2399 GATEWAY OAKS DR, STE 110
SACRAMENTO, CA 95833
The lender provided this small business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
238220 - Plumbing, Heating, and Air-Conditioning Contractors
Loan Approval Date
11/8/2004
Loan Approval Gross Amount
$39,000
Loan Approval from the SBA
Of the total $39,000 loan amount, the SBA guaranteed $19,500.
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 4 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 6 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like California Bank & Trust that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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:
Business Incubators
SBA 7A Banks for Sacramento, California Loans
California SBA 7A Lenders