Colorado SBA Loan Issued to Full-Service Restaurants Company
Bank loans in Colorado are are few and far betweeen these days. We take a look at one Colorado bank loan, provided by a Colorado bank, that was approved by the SBA.
You can learn something about getting a small business loan in Aurora, Colorado by studying this loan to a local company, made back in 2001. Banks like United Western Bank may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: FULL-SERVICE RESTAURANTS
AURORA, CO 80012
SBA Loan Lender
UNITED WESTERN BANK
700 17TH ST, STE 100
DENVER, CO 80202
This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722110 - Full-Service Restaurants
Loan Approval Date
3/1/2001
Loan Approval Gross Amount
$193,000
Loan Approval from the SBA
Of the total $193,000 loan amount, the SBA guaranteed $144,750.
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 28 employees. The SBA loan application for the borrower indicated that the loan would help retain 28 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from United Western Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
Advice on Getting a Small Business Loan
SBA Participating Banks in Denver, Colorado
Browse All Business Loan Sources for Colorado