Loan Census Banking News and Information
December 18, 2024  
 
 
  Business Loan Information  
 

Castle Rock, Colorado Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Castle Rock, Colorado Bank Gives SBA Loan to Fitness And Recreational Sports Centers Company

Want to talk with a Castle Rock, Colorado bank about a small business loan? Here's one Colorado business loan, issued by a Castle Rock bank, that was approved by the SBA.

Applying for an SBA loan with Colorado Capital Bank worked out well for our friends at one local firm in Monument, Colorado. The business was able to get an SBA loan for $125,600. Nice!

SBA Loan Borrower

COMPANY TYPE: FITNESS AND RECREATIONAL SPORTS CENTERS
MONUMENT, CO 80132

SBA Loan Lender

COLORADO CAPITAL BANK
7505 VILLAGE SQ DR, STE 101
CASTLE ROCK, CO 80108

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

713940 - Fitness and Recreational Sports Centers

Loan Approval Date

5/20/2002

Loan Approval Gross Amount

$125,600

Loan Approval from the SBA

Of the total $125,600 loan amount, the SBA guaranteed $106,760.

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 16 employees. The loan application did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

Many small businesses receive loans backed by the U.S. Small Business Administration.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Colorado Capital Bank and they will explain how you can get an SBA loan for your company.

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:

Obtaining Funding From a Venture Capitalist

SBA 7A Lenders in Castle Rock, Colorado

SBA Colorado Banks