Loan Census Banking News and Information
December 4, 2024  
 
 
  Business Loan Information  
 

Glenwood Springs, Colorado SBA 7A Banks

 

 
Loan Census SBA Loan Info

Entrepreneur Works With Glenwood Springs, Colorado Bank to Get an SBA Loan

A Glenwood Springs, Colorado business loan can be yours. Learn how a company got a $242,334 business loan from this Colorado bank.

This loan to a local firm is a good example of an SBA loan. Alpine Banks Of Colorado made the loan and the SBA guaranteed a portion of the loan. Many other Colorado entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.

SBA Loan Borrower

COMPANY TYPE: PHYSICAL FITNESS FACILITIES
NEW CASTLE, CO 81647

SBA Loan Lender

ALPINE BANKS OF COLORADO
2200 S GRAND AVE
GLENWOOD SPRINGS, CO 81601

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.

SIC Code

7991 - Physical Fitness Facilities

NAICS Code

713940 - Fitness and Recreational Sports Centers

Loan Approval Date

2/21/2001

Loan Approval Gross Amount

$242,334

Loan Approval from the SBA

Of the total $242,334 loan amount, the SBA guaranteed $181,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The SBA loan documents did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

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

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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 - Friends and Family

SBA Participating Banks in Glenwood Springs, Colorado

Browse All Business Loan Sources for Colorado