Used Household and Office Goods Moving Bank Loans
With these bank loans for used household and office goods moving, the SBA guarantees the lender that the loan will be repaid. This used household and office goods moving loan for $102,200 was given to a Colorado entrepreneur in 2007.
Getting a small business loan in Colorado Springs, Colorado was important for this growing firm back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Sunflower Bank, operating out of Salina, Kansas. Here are the details on this Colorado small business loan.
SBA Loan Borrower
COMPANY TYPE: USED HOUSEHOLD AND OFFICE GOODS MOVING
COLORADO SPRINGS, CO 80915
SBA Loan Lender
SUNFLOWER BANK
2090 S OHIO ST
SALINA, KS 67401
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
484210 - Used Household and Office Goods Moving
Loan Approval Date
5/24/2007
Loan Approval Gross Amount
$102,200
Loan Approval from the SBA
Of the total $102,200 loan amount, the SBA guaranteed $51,100.
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 14 employees. The SBA loan application for the borrower indicated that the loan would help generate 14 new jobs and retain 6 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Sunflower 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.
Related Links:
Obtaining Funding - Friends and Family
Where to Get an SBA Loan in Salina, Kansas
Kansas SBA 7A Lenders