Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Vectra Bank Colorado Estes Park, Colorado

 

 
Loan Census SBA Loan Info

Business Loan from Vectra Bank Colorado Given to Tour Operators Company

An SBA loan from Vectra Bank Colorado 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 $192,200 loan.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Estes Park, Colorado was able to borrow $192,200 from Vectra Bank Colorado. The SBA made the loan possible by guaranteeing $144,150 of this Colorado small business loan.

SBA Loan Borrower

COMPANY TYPE: TOUR OPERATORS
ESTES PARK, CO 80517

SBA Loan Lender

VECTRA BANK COLORADO
2000 E 20TH ST
FARMINGTON, NM 87401

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

561520 - Tour Operators

Loan Approval Date

11/21/2007

Loan Approval Gross Amount

$192,200

Loan Approval from the SBA

Of the total $192,200 loan amount, the SBA guaranteed $144,150.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help retain 1 existing job.

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

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? 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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