Colorado Capital Bank SBA Loan to Eating Places Company
Searching for a Colorado SBA loan? Here's one Colorado business loan that was approved by the SBA.
This up and coming company knew how to go about getting a business bank loan. Based in Castle Rock, Colorado, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Colorado Capital Bank, based in Castle Rock, Colorado.
SBA Loan Borrower
COMPANY TYPE: EATING PLACES
CASTLE ROCK, CO 80104
SBA Loan Lender
COLORADO CAPITAL BANK
7505 VILLAGE SQ DR, STE 101
CASTLE ROCK, CO 80108
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA small business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5812 - Eating Places
Loan Approval Date
7/31/2000
Loan Approval Gross Amount
$1,000,000
Loan Approval from the SBA
Of the total $1,000,000 loan amount, the SBA guaranteed $634,040.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 35 employees. The loan application did not indicate that the SBA funding recipient promised to use the money to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
Every year, the SBA guarantees over $10 billion for loans just like this one.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $1,000,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
The Art of Bootstrapping
SBA Approved Banks in Castle Rock, Colorado
Colorado SBA 7A Lenders