Entrepreneur Works With Denver, Colorado Bank to Get an SBA Loan

Find Denver, Colorado banks that specialize in business loans and know how to work with entrepreneurs. United Western Bank is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in Farmington, New Mexico starts with an understanding of who else has gotten loans in the area. In this case, a local company received funding from United Western Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: PROFESSIONAL EQUIPMENT AND SUPPLIES MERCHANT WHOLESALERS
FARMINGTON, NM 87401

SBA Loan Lender

UNITED WESTERN BANK
700 17TH ST, STE 100
DENVER, CO 80202

This lender provides SBA small business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

423490 - Professional Equipment and Supplies Merchant Wholesalers

Loan Approval Date

9/26/2007

Loan Approval Gross Amount

$383,000

Loan Approval from the SBA

Of the total $383,000 loan amount, the SBA guaranteed $287,250.

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 2 employees. The loan application indicated that the loan would help generate 5 new jobs and retain 7 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

This SBA loan was for $383,000. How would you spend $383,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Advice on Getting a Small Business Loan

Small Bank Loans in Denver, Colorado

SBA Lenders in Colorado