Denver, Colorado Bank Gives SBA Loan to Beer, Wine, And Liquor Stores Company
Thinking about meeting with a Denver, Colorado bank about an SBA loan? Here's one Colorado business loan, issued by a Denver bank, that was approved by the SBA.
Applying for an SBA loan with Premier Bank worked out well for our friends at one local business in Northglenn, Colorado. They received an SBA loan for $317,000. Way to go!
SBA Loan Borrower
COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
NORTHGLENN, CO 80233
SBA Loan Lender
PREMIER BANK
1630 STOUT ST
DENVER, CO 80202
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
445310 - Beer, Wine, and Liquor Stores
Loan Approval Date
6/13/2003
Loan Approval Gross Amount
$317,000
Loan Approval from the SBA
Of the total $317,000 loan amount, the SBA guaranteed $237,750.
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 only one employee. The SBA loan documents indicated that the loan would help create 1 new job.
Next Steps for Getting an SBA Loan
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
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 Premier 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.
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