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December 18, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > Pueblo, Business Loans > Wells Fargo Bank Pueblo Business Loans > Excavation Contractors Loan | ||||
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Pueblo Bank Loan
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Pueblo, Colorado Lender Lends Money to Excavation Contractors CompanyWant to talk with a Pueblo, Colorado bank about a small business loan? Here's one Colorado business loan, issued by a Pueblo bank, that was approved by the SBA. Applying for an SBA loan with Wells Fargo Bank worked out well for our friends at one local company in Pueblo, Colorado. The business was able to get an SBA loan for $270,000. Awesome! SBA Loan Borrower COMPANY TYPE: EXCAVATION CONTRACTORS SBA Loan Lender WELLS FARGO BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This debt financing was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 235930 - Excavation Contractors Loan Approval Date 1/8/2002 Loan Approval Gross Amount $270,000 Loan Approval from the SBA Of the total $270,000 loan amount, the SBA guaranteed $202,500. 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 15 employees. The loan application did not indicate that the company promised to use the funding to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. 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 $270,000 loan. Remember, fight for what you want, and it will be yours! 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 - How to Decide How Much to Raise SBA Participating Banks in Pueblo, Colorado Getting an SBA Loan in Colorado
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