Windsor, Colorado Bank Lends Money to Holding Companies Company in Littleton, Colorado

Want to talk with a Windsor, Colorado bank about a small business loan? Here's one Colorado business loan, issued by a Windsor bank, that was approved by the SBA.

Applying for an SBA loan with Bank Of Colorado worked out well for our friends at one local firm in Littleton, Colorado. They got an SBA loan for $468,000. Awesome!

SBA Loan Borrower

COMPANY TYPE: HOLDING COMPANIES
LITTLETON, CO 80126

SBA Loan Lender

BANK OF COLORADO
1041 W MAIN ST
WINDSOR, CO 80550

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

551112 - Holding Companies

Loan Approval Date

11/18/2003

Loan Approval Gross Amount

$468,000

Loan Approval from the SBA

Of the total $468,000 loan amount, the SBA guaranteed $351,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 7 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 10 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Bank Of Colorado had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Bank Of Colorado made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Role of Business Plan When Raising Money

Find an SBA Lender in Windsor, Colorado

Getting an SBA Loan in Colorado