Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

SBA Lender Castle Rock Colorado

 

 
Loan Census SBA Loan Info

Bank Loans for Caterers

With these bank loans for caterers, the SBA guarantees the lender that the loan will be repaid. This caterers loan for $150,000 was given to a Colorado entrepreneur in 2000.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Castle Rock, Colorado was able to borrow $150,000 from Business Loan Center, LLC. The SBA made the loan possible by guaranteeing $112,500 of this Colorado small business loan.

SBA Loan Borrower

COMPANY TYPE: CATERERS
CASTLE ROCK, CO 80104

SBA Loan Lender

BUSINESS LOAN CENTER, LLC
3900 WESTERRE PARKWAY, SUITE
RICHMOND, VA 23233

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722320 - Caterers

Loan Approval Date

11/30/2000

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $112,500.

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 loan application indicated that the loan would help retain 1 existing job.

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.

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:

Financing Your Business

SBA Participating Banks in Richmond, Virginia

Getting an SBA Loan in Virginia