Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Denver Bank Loan

 

 
Loan Census SBA Loan Info

Denver, Colorado Bank Lends Money to Construction Material Merchant Wholesalers Company in Englewood, Colorado

Get small business loans from a Denver, Colorado bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

Cache Bank & Trust is a Denver, Colorado small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Colorado company.

SBA Loan Borrower

COMPANY TYPE: CONSTRUCTION MATERIAL MERCHANT WHOLESALERS
ENGLEWOOD, CO 80110

SBA Loan Lender

CACHE BANK & TRUST
410 17TH ST, STE 100
DENVER, CO 80202

This SBA business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

423390 - Construction Material Merchant Wholesalers

Loan Approval Date

1/26/2006

Loan Approval Gross Amount

$350,000

Loan Approval from the SBA

Of the total $350,000 loan amount, the SBA guaranteed $262,500.

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

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

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 Cache Bank & Trust 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:

Business Incubators

Best Banks for Small Business in Denver, Colorado

Where to Get an SBA Loan Colorado