Local Business Gets a Colorado Business Loan
Business loans in Colorado are hard to find these days. We take a look at one Colorado business loan, provided by a Colorado bank, that was approved by the SBA.
You can learn something about getting a small business loan in Denver, Colorado by studying this loan to a local business, made back in 2001. Banks like Premier Bank may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
DENVER, CO 80219
SBA Loan Lender
PREMIER BANK
1630 STOUT ST
DENVER, CO 80202
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
445310 - Beer, Wine, and Liquor Stores
Loan Approval Date
8/7/2001
Loan Approval Gross Amount
$482,000
Loan Approval from the SBA
Of the total $482,000 loan amount, the SBA guaranteed $361,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 3 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the money to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
This SBA loan was for $482,000. How would you spend $482,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Bank Credit Lines
Small Business Banks in Denver, Colorado
SBA Lenders in Colorado