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November 15, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > Denver, Business Loans > Umb Bank Colorado Denver Business Loans > Caterers Loan | ||||
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Denver Lenders
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Denver, Colorado Bank Lends Money to Caterers Company in Englewood, ColoradoThinking about meeting with a Denver, Colorado bank about a small business loan? Here's one Colorado business loan, issued by a Denver bank, that was approved by the SBA. Applying for an SBA loan with Umb Bank Colorado worked out well for our friends at one local company in Englewood, Colorado. The business was able to get an SBA loan for $250,000. Way to go! SBA Loan Borrower COMPANY TYPE: CATERERS SBA Loan Lender UMB BANK COLORADO SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722320 - Caterers Loan Approval Date 11/28/2005 Loan Approval Gross Amount $250,000 Loan Approval from the SBA Of the total $250,000 loan amount, the SBA guaranteed $187,500. 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 88 employees. The SBA loan documents did not indicate that the business planned to use the money to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide smart, affordable business financing for small businesses looking to expand. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Umb Bank Colorado and they will explain how you can get an SBA loan for your company. 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: Getting an SBA Loan in Colorado
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