Get an SBA Loan for Hardware Wholesalers

Looking for small business loans for hardware wholesalers? Talk to a banker who works with the SBA. This $147,700 hardware wholesalers loan was issued by a Colorado bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Denver, Colorado was able to borrow $147,700 from Citywide Banks. The SBA made the loan possible by guaranteeing $125,545 of this Colorado small business loan.

SBA Loan Borrower

COMPANY TYPE: HARDWARE WHOLESALERS
DENVER, CO 80223

SBA Loan Lender

CITYWIDE BANKS
8101 E BELLEVIEW AVE
DENVER, CO 80237

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

421710 - Hardware Wholesalers

Loan Approval Date

1/2/2002

Loan Approval Gross Amount

$147,700

Loan Approval from the SBA

Of the total $147,700 loan amount, the SBA guaranteed $125,545.

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 10 employees. This SBA loan request did not indicate that the small business promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you need money to start a business or need money to grow a business, an SBA loan can be a great way to raise money

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $147,700 loan. Remember, feel the fear, and do it anyway.

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:

Advice on Getting a Small Business Loan

Small Bank Loans in Denver, Colorado

SBA Colorado Lenders