Denver, Colorado Business Gets SBA-Guaranteed Funding from Premier Bank

An SBA loan from Premier Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Denver, Colorado business owner got a $464,000 loan.

This business knew how to go about getting a business bank loan. Based in Denver, Colorado, they applied for and received an SBA-guaranteed loan in 2004. The lending bank was Premier Bank, based in Denver, Colorado.

SBA Loan Borrower

COMPANY TYPE: FULL-SERVICE RESTAURANTS
DENVER, CO 80202

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

722110 - Full-Service Restaurants

Loan Approval Date

7/7/2004

Loan Approval Gross Amount

$464,000

Loan Approval from the SBA

Of the total $464,000 loan amount, the SBA guaranteed $348,000.

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 5 employees. This SBA loan request did not indicate that the small business promised to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer 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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Getting a Business Loan in Colorado