Guaranty Bank & Trust SBA Loan to Retail Nurseries, Lawn And Garden Supply Stores Company
Searching for a Colorado business loan? Here's one Colorado business loan that was approved by the SBA.
This growing company received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Guaranty Bank & Trust, out of Aurora, Colorado. The loan was granted and they received $132,000 to help grow their Aurora, Colorado business.
SBA Loan Borrower
COMPANY TYPE: RETAIL NURSERIES, LAWN AND GARDEN SUPPLY STORES
AURORA, CO 80015
SBA Loan Lender
GUARANTY BANK & TRUST
3950 LEWISTON ST, 1 GATEWAY C
AURORA, CO 80011
This lender issued this particular SBA loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5261 - Retail Nurseries, Lawn and Garden Supply Stores
Loan Approval Date
3/15/2000
Loan Approval Gross Amount
$132,000
Loan Approval from the SBA
Of the total $132,000 loan amount, the SBA guaranteed $99,000.
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 5 employees. The SBA loan application for the borrower did not indicate that the company promised to use the money to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Guaranty Bank & Trust that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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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