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November 15, 2024 |
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| Home > Small Business Lenders by State > New Mexico Business Loan Sources > Santa Fe, Business Loans > Charter Bank Santa Fe Business Loans > Sewerage Systems Loan | ||||
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SBA Lenders in New Mexico
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SBA Loan from Charter Bank Helps Sewerage Systems CompanyCharter 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 growing company 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 2000. The lending bank was Charter Bank, based in Santa Fe, New Mexico. SBA Loan Borrower COMPANY TYPE: SEWERAGE SYSTEMS SBA Loan Lender CHARTER BANK This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 4952 - Sewerage Systems NAICS Code 221320 - Sewage Treatment Facilities Loan Approval Date 1/27/2000 Loan Approval Gross Amount $25,000 Loan Approval from the SBA Of the total $25,000 loan amount, the SBA guaranteed $20,000. 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 only one employee. This SBA loan request did not indicate that the small business promised to use the money to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Good Banks for Small Business in Santa Fe, New Mexico
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