Denver, Colorado Lender Lends Money to Optometrists Company
Want to talk with a Denver, Colorado bank about a small business loan? Here's one Colorado business loan, issued by a Denver bank, that was approved by the SBA.
Applying for an SBA loan with Citywide Banks worked out well for our friends at one local firm in Littleton, Colorado. They got an SBA loan for $432,000. Awesome!
SBA Loan Borrower
COMPANY TYPE: OPTOMETRISTS
LITTLETON, CO 80123
SBA Loan Lender
CITYWIDE BANKS
8101 E BELLEVIEW AVE
DENVER, CO 80237
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This debt financing was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621320 - Optometrists
Loan Approval Date
8/6/2002
Loan Approval Gross Amount
$432,000
Loan Approval from the SBA
Of the total $432,000 loan amount, the SBA guaranteed $324,000.
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 45 employees. The SBA loan application for the borrower did not indicate that the business promised to use the money to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Citywide Banks so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
Attracting Investors
SBA Approved Banks in Denver, Colorado
Colorado SBA 7A Lenders