Santa Fe, New Mexico Business Gets SBA-Guaranteed Funding from Century Bank

Century Bank has a track record as a leading provider of SBA loans. Find out how this New Mexico entrepreneur received an SBA loan from them.

This business knew how to go about getting a business bank loan. Based in Santa Fe, New Mexico, they applied for and received an SBA-guaranteed loan in 2001. The lending bank was Century Bank, based in Santa Fe, New Mexico.

SBA Loan Borrower

COMPANY TYPE: PRIVATE MAIL CENTERS
SANTA FE, NM 87501

SBA Loan Lender

CENTURY BANK
100 S FEDERAL PL
SANTA FE, NM 87501

This lender issued this loan for a small business under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561431 - Private Mail Centers

Loan Approval Date

7/20/2001

Loan Approval Gross Amount

$142,600

Loan Approval from the SBA

Of the total $142,600 loan amount, the SBA guaranteed $121,210.

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 3 employees. This SBA loan request did not indicate that the small business promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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 Borrow Money

Best Santa Fe, New Mexico Banks for Small Business

SBA Lenders in New Mexico