Premier Bank Gives SBA Loan to Retail Bakeries Company
SBA loans in Colorado are hard to find these days. We take a look at one Colorado SBA loan, provided by a Colorado bank, that was approved by the SBA.
You can learn something about getting a small business loan in Littleton, Colorado by studying this loan to a local business, made back in 2000. Banks like Premier Bank may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: RETAIL BAKERIES
LITTLETON, CO 80120
SBA Loan Lender
PREMIER BANK
1630 STOUT ST
DENVER, CO 80202
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5461 - Retail Bakeries
Loan Approval Date
1/21/2000
Loan Approval Gross Amount
$97,500
Loan Approval from the SBA
Of the total $97,500 loan amount, the SBA guaranteed $78,000.
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 2 employees. The loan application indicated that the loan would help retain 5 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Premier Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.
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.
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