Business Loan from Mutual Of Omaha Bank Given to Home Centers Company

An SBA loan from Mutual Of Omaha Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, an Estes Park, Colorado business owner got a $500,000 loan.

This business knew how to go about getting a business bank loan. Based in Estes Park, Colorado, they applied for and received an SBA-guaranteed loan in 2005. The lending bank was Mutual Of Omaha Bank, based in Highlands Ranch, Colorado.

SBA Loan Borrower

COMPANY TYPE: HOME CENTERS
ESTES PARK, CO 80517

SBA Loan Lender

MUTUAL OF OMAHA BANK
9125 COMMERCE CTR
HIGHLANDS RANCH, CO 80126

This 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

444110 - Home Centers

Loan Approval Date

10/20/2005

Loan Approval Gross Amount

$500,000

Loan Approval from the SBA

Of the total $500,000 loan amount, the SBA guaranteed $375,000.

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 only one employee. The SBA loan documents did not indicate that the small business planned to use the funding to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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.

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