Get an SBA Loan for Manufactured Home Manufacturing

With these bank loans for manufactured home manufacturing, the SBA guarantees the lender that the loan will be repaid. This manufactured home manufacturing loan for $1,152,450 was given to a Colorado entrepreneur in 2001.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Delta, Colorado was able to borrow $1,152,450 from First State Bank Of Hotchkiss. The SBA made the loan possible by guaranteeing $864,338 of this Colorado small business loan.

SBA Loan Borrower

COMPANY TYPE: MANUFACTURED HOME MANUFACTURING
DELTA, CO 81416

SBA Loan Lender

FIRST STATE BANK OF HOTCHKISS
102 E BRIDGE ST
HOTCHKISS, CO 81419

This business loan was issued under the SBA's Certified Lenders Program (CLP), which means that this bank has a successful SBA lending history and a thorough understanding of SBA lending rules and regulations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

321991 - Manufactured Home Manufacturing

Loan Approval Date

9/26/2001

Loan Approval Gross Amount

$1,152,450

Loan Approval from the SBA

Of the total $1,152,450 loan amount, the SBA guaranteed $864,338.

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 175 employees. This SBA loan request did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees.

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

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

We can help you find the best banks for small businesses in Delta or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Obtaining Funding - How to Decide How Much to Raise

SBA Banks in Hotchkiss, Colorado

SBA Participating Banks in Colorado