Loan Census Banking News and Information
December 19, 2024  
 
 
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Colorado Small Business Funding

 

 
Loan Census SBA Loan Info

Financing for Envelope Manufacturing

With these loans for envelope manufacturing, the SBA guarantees the lender that the loan will be repaid. This envelope manufacturing loan for $260,000 was given to a Colorado entrepreneur in 2007.

This company knew how to go about getting a business bank loan. Based in Broomfield, Colorado, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Firstier Bank, based in Louisville, Colorado.

SBA Loan Borrower

COMPANY TYPE: ENVELOPE MANUFACTURING
BROOMFIELD, CO 80020

SBA Loan Lender

FIRSTIER BANK
980 DILLON RD
LOUISVILLE, CO 80027

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

322232 - Envelope Manufacturing

Loan Approval Date

11/15/2007

Loan Approval Gross Amount

$260,000

Loan Approval from the SBA

Of the total $260,000 loan amount, the SBA guaranteed $195,000.

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 22 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 20 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Microlending as a Small Business Funding Source

Good Banks for Small Business in Louisville, Colorado

Colorado SBA 7A Lenders