Loans for Confectionery Wholesalers
With these loans for confectionery wholesalers, the SBA guarantees the lender that the loan will be repaid. This confectionery wholesalers loan for $99,000 was given to a Colorado entrepreneur in 2000.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Golden, Colorado was able to borrow $99,000 from Keybank National Association. The SBA made the loan possible by guaranteeing $49,500 of this Colorado small business loan.
SBA Loan Borrower
COMPANY TYPE: CONFECTIONERY
GOLDEN, CO 80403
SBA Loan Lender
KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQ
CLEVELAND, OH 44114
The lender provided this small business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
SIC Code
5145 - Confectionery
NAICS Code
422450 - Confectionery Wholesalers
Loan Approval Date
8/16/2000
Loan Approval Gross Amount
$99,000
Loan Approval from the SBA
Of the total $99,000 loan amount, the SBA guaranteed $49,500.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 4 employees. The loan application indicated that the loan would help retain 4 existing jobs.
Start the Process for Getting an SBA Loan Today!
Every year, the SBA guarantees over $10 billion for loans just like this one.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Keybank National Association are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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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