Loan Census Banking News and Information
December 18, 2024  
 
 
  Business Loan Information  
 

Colorado SBA Banks

 

 
Loan Census SBA Loan Info

Pueblo, Colorado Bank Gives SBA Loan to Site Preparation Contractors Company

Thinking about meeting with a Pueblo, Colorado bank about an SBA 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. They got an SBA loan for $750,000. Sweet!

SBA Loan Borrower

COMPANY TYPE: SITE PREPARATION CONTRACTORS
PUEBLO, CO 81006

SBA Loan Lender

WELLS FARGO BANK
1515 SANTA FE DR
PUEBLO, CO 81006

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

238910 - Site Preparation Contractors

Loan Approval Date

7/5/2006

Loan Approval Gross Amount

$750,000

Loan Approval from the SBA

Of the total $750,000 loan amount, the SBA guaranteed $562,500.

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 37 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great way to raise money

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 $750,000 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:

How to Raise Money

Where to Get an SBA Loan in Pueblo, Colorado

Colorado SBA 7A Lenders