Englewood, CO Entrepreneur Gets SBA Loan to Buy Big O Tires dealers Franchise

Borrowing money to purchase a Big O Tires dealers franchise? Premier Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Big O Tires dealers franchise is doable. In 2002, Premier Bank issued an SBA franchise loan to an entrepreneur in Englewood, Colorado. Because Big O Tires dealers was registered with the SBA's registry of franchises, this Colorado small business loan was issued on an expedited basis.

SBA Loan Borrower

BIG O TIRES BROADWAY & UNION
ENGLEWOOD, CO 80110

SBA Loan Lender

PREMIER BANK
1630 STOUT ST
DENVER, CO 80202

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

441320 - Tire Dealers

Loan Approval Date

8/1/2002

Loan Approval Gross Amount

$395,200

Loan Approval from the SBA

Of the total $395,200 loan amount, the SBA guaranteed $296,400.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Big O Tires dealers franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the funding would help create 7 new jobs.

Start the Process for Getting an SBA Loan Today!

If you want money for new small business in Englewood CO, you ought to talk with a local Englewood SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Englewood businesses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Big O Tires, Inc.

Obtaining Funding - How to Borrow Money

SBA Approved Banks in Denver, Colorado

Colorado SBA 7A Lenders