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December 22, 2024  
 
 
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Small Business Banks That Lend to Colorado Small Business Owners

 

 
Loan Census SBA Loan Info

Firm Gets a Colorado Business Loan

Small business loans in Colorado are hard to find these days. We take a look at one Colorado small business loan, provided by a Colorado bank, that was approved by the SBA.

Getting a small business loan in Englewood, Colorado was a top priority for this small company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Premier Bank. Here are the details on this Colorado small business loan.

SBA Loan Borrower

COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
ENGLEWOOD, CO 80112

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

12/29/2000

Loan Approval Gross Amount

$180,000

Loan Approval from the SBA

Of the total $180,000 loan amount, the SBA guaranteed $135,000.

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 only one employee. The SBA loan documents indicated that the funding would help generate 2 new jobs.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:

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SBA Banks in Denver, Colorado

Colorado SBA Bank Lenders