Fountain, Colorado Lender Lends Money to Manufacturing And Industrial Building Construction Company

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

Applying for an SBA loan with Colorado Mountain Bank worked out well for our friends at one local company in Pueblo, Colorado. The business was able to get an SBA loan for $750,000. Sweet!

SBA Loan Borrower

COMPANY TYPE: MANUFACTURING AND INDUSTRIAL BUILDING CONSTRUCTION
PUEBLO, CO 81001

SBA Loan Lender

COLORADO MOUNTAIN BANK
410 S SANTA FE
FOUNTAIN, CO 80817

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

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

233310 - Manufacturing and Industrial Building Construction

Loan Approval Date

6/18/2004

Loan Approval Gross Amount

$750,000

Loan Approval from the SBA

Of the total $750,000 loan amount, the SBA guaranteed $562,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 30 employees. The loan application did not indicate that the company planned to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great source of funding.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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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