Drinking Places Business Loans
Looking for business loans for drinking places? Talk to a banker who works with the SBA. This $517,000 drinking places loan was issued by a Colorado bank.
Getting a small business loan in Avon, Colorado was important for this small business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Colorado Capital Bank, operating out of Castle Rock, Colorado. Here are the details on this Colorado small business loan.
SBA Loan Borrower
COMPANY TYPE: DRINKING PLACES
AVON, CO 81620
SBA Loan Lender
COLORADO CAPITAL BANK
7505 VILLAGE SQ DR, STE 101
CASTLE ROCK, CO 80108
This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722410 - Drinking Places
Loan Approval Date
3/4/2005
Loan Approval Gross Amount
$517,000
Loan Approval from the SBA
Of the total $517,000 loan amount, the SBA guaranteed $387,750.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. The SBA loan documents did not indicate that the company promised to use the funding to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Colorado Capital Bank 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.
Related Links:
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Small Bank Loans in Castle Rock, Colorado
Getting an SBA Loan in Colorado