Colorado Business Loan Issued to Motor Vehicle Steering And Suspension Component Manufacturing Company

Looking to get a Colorado small business loan? This Colorado entrepreneur got a small business loan, provided by a Colorado bank that works with the SBA to help small business owners.

Getting a small business loan in Denver, Colorado was a top priority for this small company back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Firstier Bank. Here are the details on this Colorado small business loan.

SBA Loan Borrower

COMPANY TYPE: MOTOR VEHICLE STEERING AND SUSPENSION COMPONENT MANUFACTURING
DENVER, CO 80212

SBA Loan Lender

FIRSTIER BANK
980 DILLON RD
LOUISVILLE, CO 80027

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

336330 - Motor Vehicle Steering and Suspension Component Manufacturing

Loan Approval Date

5/11/2006

Loan Approval Gross Amount

$517,000

Loan Approval from the SBA

Of the total $517,000 loan amount, the SBA guaranteed $387,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 11 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you have been wondering how do i get money to start a business in Denver CO, you ought to talk with a local Denver SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Denver businesses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $517,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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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