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November 22, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > Loveland, Business Loans > Advantage Bank Loveland Business Loans > Amusement And Recreation Industries Loan | ||||
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Loveland Lenders
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Entrepreneur Works With Loveland, Colorado Bank to Get an SBA LoanThinking about meeting with a Loveland, Colorado bank about a small business loan? Here's one Colorado business loan, issued by a Loveland bank, that was approved by the SBA. Applying for an SBA loan with Advantage Bank worked out well for our friends at one local company in Loveland, Colorado. The business was able to get an SBA loan for $418,000. Nice! SBA Loan Borrower COMPANY TYPE: AMUSEMENT AND RECREATION INDUSTRIES SBA Loan Lender ADVANTAGE BANK This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 713990 - Amusement and Recreation Industries Loan Approval Date 4/28/2006 Loan Approval Gross Amount $418,000 Loan Approval from the SBA Of the total $418,000 loan amount, the SBA guaranteed $313,500. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. This SBA loan request did not indicate that the company planned to use the funding to add employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Advantage Bank 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: SBA 7A Banks for Loveland, Colorado Loans
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