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December 4, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > Grand Junction, Business Loans > Alpine Bank Grand Junction Business Loans > Theater Companies And Dinner Theaters Loan | ||||
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Grand Junction, Colorado Bank for SBA Loans
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Grand Junction, Colorado Bank Gives SBA Loan to Theater Companies And Dinner Theaters CompanyWant to talk with a Grand Junction, Colorado bank about a business loan? Here's one Colorado business loan, issued by a Grand Junction bank, that was approved by the SBA. Applying for an SBA loan with Alpine Bank worked out well for our friends at one local firm in Grand Junction, Colorado. They received an SBA loan for $50,000. Sweet! SBA Loan Borrower COMPANY TYPE: THEATER COMPANIES AND DINNER THEATERS SBA Loan Lender ALPINE BANK The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide debt financing to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 711110 - Theater Companies and Dinner Theaters Loan Approval Date 7/22/2002 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $42,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 19 employees. The SBA loan application for the borrower did not indicate that the business planned to use the funding to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Alpine Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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: SBA Approved Banks in Grand Junction, Colorado Getting a Business Loan in Colorado
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