Aurora, Colorado Entrepreneur Gets an SBA Loan
SBA loans in Colorado are tough to come by these days. We take a look at one Colorado SBA loan, provided by an Arizona 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 business, made back in 2001. Banks like Wells Fargo Bank may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: HOBBY, TOY, AND GAME STORES
AURORA, CO 80011
SBA Loan Lender
WELLS FARGO BANK
100 W WASHINGTON ST
PHOENIX, AZ 85003
This lender provides SBA guaranteed bank 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
451120 - Hobby, Toy, and Game Stores
Loan Approval Date
4/17/2001
Loan Approval Gross Amount
$58,000
Loan Approval from the SBA
Of the total $58,000 loan amount, the SBA guaranteed $49,300.
More Information on This SBA Loan
The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had only one employee. The SBA loan documents indicated that the loan would help generate 1 new job and retain 1 existing job.
Getting an SBA Loan For Your Business
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:
Bank Credit Lines
SBA 7A Banks for Phoenix, Arizona Loans
Arizona SBA 7A Lenders