Getting an SBA Loan for Bottled Water Manufacturing
Looking for SBA loans for bottled water manufacturing? Try the SBA. This $110,000 bottled water manufacturing loan was issued by a Colorado bank.
This business knew how to go about getting a business bank loan. Based in Lone Tree, Colorado, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was American National Bank, based in Denver, Colorado.
SBA Loan Borrower
COMPANY TYPE: BOTTLED WATER MANUFACTURING
LONE TREE, CO 80124
SBA Loan Lender
AMERICAN NATIONAL BANK
3033 E 1ST AVE
DENVER, CO 80206
This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
312112 - Bottled Water Manufacturing
Loan Approval Date
11/8/2004
Loan Approval Gross Amount
$110,000
Loan Approval from the SBA
Of the total $110,000 loan amount, the SBA guaranteed $93,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 5 employees. The loan application did not indicate that the SBA funding recipient planned to use the loan proceeds to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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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