Delta, Colorado Business Gets SBA-Guaranteed Funding from Mainstreet Lender 7(a), LLC

Mainstreet Lender 7(a), LLC has a track record as a leading provider of SBA loans. Find out how this Colorado entrepreneur received an SBA loan from them.

This small firm knew how to go about getting a business bank loan. Based in Delta, Colorado, they applied for and received an SBA-guaranteed loan in 2007. The lending bank was Mainstreet Lender 7(a), LLC, based in Chevy Chase, Maryland.

SBA Loan Borrower

COMPANY TYPE: BOWLING CENTERS
DELTA, CO 81416

SBA Loan Lender

MAINSTREET LENDER 7(A), LLC
2 WISCONSIN CIRCLE, 9TH FLOOR
CHEVY CHASE, MD 20815

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide 7A business loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

713950 - Bowling Centers

Loan Approval Date

9/18/2007

Loan Approval Gross Amount

$485,000

Loan Approval from the SBA

Of the total $485,000 loan amount, the SBA guaranteed $363,750.

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 3 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs.

Next Steps for Getting an SBA Loan

If you need money to start business in Delta CO, you ought to talk with a local Delta SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Delta businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Mainstreet Lender 7(a), LLC are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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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