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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