Bank Of The West SBA Loan to Homefurnishings Stores Company
Looking to get a Colorado SBA loan? Here's one Colorado business loan that was approved by the SBA.
This local small business knew how to go about getting a business bank loan. Based in Englewood, Colorado, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Bank Of The West, based in Salt Lake City, Utah.
SBA Loan Borrower
COMPANY TYPE: HOMEFURNISHINGS STORES
ENGLEWOOD, CO 80112
SBA Loan Lender
BANK OF THE WEST
142 EAST 200 SOUTH
SALT LAKE CITY, UT 84111
This SBA business loan was provided by a lender with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan requests to the SBA get more expeditious service from the SBA on their loan applications.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5719 - Homefurnishings Stores
Loan Approval Date
6/22/2000
Loan Approval Gross Amount
$155,000
Loan Approval from the SBA
Of the total $155,000 loan amount, the SBA guaranteed $116,250.
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 5 employees. The SBA loan documents did not indicate that the business planned to use the money to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
We can help you find the best banks for small businesses in Englewood or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
Financing Your Business
Who Lends Money to Small Businesses in Salt Lake City, Utah
Getting an SBA Loan in Utah