Optometrists Business Loans
With these business loans for optometrists, the SBA guarantees the lender that the loan will be repaid. This optometrists loan for $275,000 was given to a Colorado entrepreneur in 2006.
This business knew how to go about getting a business bank loan. Based in Greeley, Colorado, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Vision One Cu, based in Sacramento, California.
SBA Loan Borrower
COMPANY TYPE: OPTOMETRISTS
GREELEY, CO 80634
SBA Loan Lender
VISION ONE CU
3279 RAMOS CIR
SACRAMENTO, CA 95827
The lender provided this SBA 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.
NAICS Code
621320 - Optometrists
Loan Approval Date
12/20/2006
Loan Approval Gross Amount
$275,000
Loan Approval from the SBA
Of the total $275,000 loan amount, the SBA guaranteed $137,500.
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 3 employees. The loan application indicated that the loan would help retain 3 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you need money to start business in Greeley CO, you ought to talk with a local Greeley SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Greeley 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 Vision One Cu 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:
Financing Your Business
SBA Approved Banks in Sacramento, California
SBA Lenders in California