Firstbank Of Littleton SBA Loan to Store Retailers Company

An SBA loan from Firstbank Of Littleton typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Highlands Ranch, Colorado business owner got a $99,000 loan.

Getting a small business loan in Highlands Ranch, Colorado was an essential business goal for this company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Firstbank Of Littleton, operating out of Littleton, Colorado. Here are the details on this Colorado small business loan.

SBA Loan Borrower

COMPANY TYPE: STORE RETAILERS
HIGHLANDS RANCH, CO 80126

SBA Loan Lender

FIRSTBANK OF LITTLETON
101 W COUNTY LINE RD
LITTLETON, CO 80129

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

453998 - Store Retailers

Loan Approval Date

3/7/2002

Loan Approval Gross Amount

$99,000

Loan Approval from the SBA

Of the total $99,000 loan amount, the SBA guaranteed $84,150.

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 2 employees. The SBA loan documents did not indicate that the business promised 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?

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $99,000 loan. Remember, fight for what you want, and it will be yours!

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:

Obtaining Funding - How to Borrow Money

Where to Get an SBA Loan in Littleton, Colorado

Getting an SBA Loan in Colorado