Colorado Entrepreneur Secures Financing to Buy Sports Clips Franchise

Need a loan to purchase a Sports Clips franchise? Comerica Bank-California has a history of making these loans and they are guaranteed by the SBA.

If you live near Highlands Ranch, Colorado and are interested in buying a Sports Clips franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2000 by Comerica Bank-California. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

SPORT CLIPS
HIGHLANDS RANCH, CO 80126

SBA Loan Lender

COMERICA BANK-CALIFORNIA
999 18TH ST, STE 1110
DENVER, CO 80202

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan for a small business was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7241 - Barber Shops

Loan Approval Date

8/7/2000

Loan Approval Gross Amount

$108,000

Loan Approval from the SBA

Of the total $108,000 loan amount, the SBA guaranteed $81,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Sports Clips franchise. At the time of the loan, the company had 12 employees. The loan application did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you are working on finding money to start a business in Highlands Ranch CO, you ought to talk with a local Highlands Ranch SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Highlands Ranch businesses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Sport Clips

Angel Investors

SBA 7A Banks in Denver, Colorado

Colorado SBA Banks