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December 18, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > Fort Collins, Business Loans > First National Bank Fort Collins Business Loans > Food Manufacturing Loan | ||||
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Fort Collins, Colorado SBA 7A Banks
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Fort Collins, Colorado Bank Lends Money to Food Manufacturing Company in Ft. Collins, ColoradoThinking about meeting with a Fort Collins, Colorado bank about an SBA loan? Here's one Colorado business loan, issued by a Fort Collins bank, that was approved by the SBA. Applying for an SBA loan with First National Bank worked out well for our friends at one local business in Ft. Collins, Colorado. They received an SBA loan for $80,000. Sweet! SBA Loan Borrower COMPANY TYPE: FOOD MANUFACTURING SBA Loan Lender FIRST NATIONAL BANK This lender issued this particular SBA loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 311999 - Food Manufacturing Loan Approval Date 2/27/2002 Loan Approval Gross Amount $80,000 Loan Approval from the SBA Of the total $80,000 loan amount, the SBA guaranteed $68,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 10 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. This SBA loan was for $80,000. How would you spend $80,000 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: Best Banks in Fort Collins, Colorado
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