Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

What Does It Take to Get a Business Loan in Littleton, Colorado?

 

 
Loan Census SBA Loan Info

Where to Get Capital for Golf Courses and Country Clubs

Looking for SBA loans for golf courses and country clubs? Try the SBA. This $120,000 golf courses and country clubs loan was issued by a Colorado bank.

Getting a small business loan in Littleton, Colorado was important for this small business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Firstbank Of Arapahoe County, operating out of Centennial, Colorado. Here are the details on this Colorado small business loan.

SBA Loan Borrower

COMPANY TYPE: GOLF COURSES AND COUNTRY CLUBS
LITTLETON, CO 80125

SBA Loan Lender

FIRSTBANK OF ARAPAHOE COUNTY
8600 E ARAPAHOE RD
CENTENNIAL, CO 80112

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

713910 - Golf Courses and Country Clubs

Loan Approval Date

5/20/2005

Loan Approval Gross Amount

$120,000

Loan Approval from the SBA

Of the total $120,000 loan amount, the SBA guaranteed $102,000.

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 4 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the loan proceeds to add 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.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $120,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Find Start-Up Capital

SBA 7A Lenders in Centennial, Colorado

SBA Lenders in Colorado