Business Loan from Peoples National Bank Leadville Given to Beer, Wine, And Liquor Stores Company

Peoples National Bank Leadville is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one Colorado entrepreneur who tapped into the power of SBA loans.

This business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Peoples National Bank Leadville, out of Leadville, Colorado. The loan was granted and they received $643,000 to help grow their Fairplay, Colorado business.

SBA Loan Borrower

COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
FAIRPLAY, CO 80440

SBA Loan Lender

PEOPLES NATIONAL BANK LEADVILLE
400 HARRISON AVE
LEADVILLE, CO 80461

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445310 - Beer, Wine, and Liquor Stores

Loan Approval Date

6/22/2004

Loan Approval Gross Amount

$643,000

Loan Approval from the SBA

Of the total $643,000 loan amount, the SBA guaranteed $482,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The loan application did not indicate that the company promised to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great source of funding.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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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