Colorado Business Loan Issued to Construction Material Merchant Wholesalers Company
Would a Colorado business loan help your company expand? If so, you may want to talk with this South Dakota bank, which offers SBA loans to Colorado entrepreneurs.
You can learn something about getting a small business loan in Monument, Colorado by studying this loan to a local business, made back in 2007. Banks like Wells Fargo Bank may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: CONSTRUCTION MATERIAL MERCHANT WHOLESALERS
MONUMENT, CO 80132
SBA Loan Lender
WELLS FARGO BANK
101 N PHILIPS AVE
SIOUX FALLS, SD 57104
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.
NAICS Code
423390 - Construction Material Merchant Wholesalers
Loan Approval Date
9/26/2007
Loan Approval Gross Amount
$1,030,000
Loan Approval from the SBA
Of the total $1,030,000 loan amount, the SBA guaranteed $772,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 16 employees. The loan application indicated that the loan would help retain 16 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
We can help you find the best banks for small businesses in Monument or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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