Small Business Loans for Professional, Scientific, and Technical Services

Looking for small business loans for professional, scientific, and technical services? The SBA may be the answer. This $70,000 professional, scientific, and technical services loan was issued by a New Mexico bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Trinidad, Colorado was able to borrow $70,000 from International Bank. The SBA made the loan possible by guaranteeing $56,000 of this Colorado small business loan.

SBA Loan Borrower

COMPANY TYPE: GLASS AND GLAZING WORK
TRINIDAD, CO 81082

SBA Loan Lender

INTERNATIONAL BANK
200 S 2ND ST
RATON, NM 87740

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

1793 - Glass and Glazing Work

NAICS Code

541990 - Professional, Scientific, and Technical Services

Loan Approval Date

11/28/2000

Loan Approval Gross Amount

$70,000

Loan Approval from the SBA

Of the total $70,000 loan amount, the SBA guaranteed $56,000.

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

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like International Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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.

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