Motorcycle, ATV, and Personal Watercraft Dealers Loans
Looking for loans for motorcycle, atv, and personal watercraft dealers? Talk to a banker who works with the SBA. This $400,000 motorcycle, atv, and personal watercraft dealers loan was issued by a Colorado bank.
Getting a small business loan in Pueblo, Colorado was important for this company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Sunflower Bank, operating out of Pueblo, Colorado. Here are the details on this Colorado small business loan.
SBA Loan Borrower
COMPANY TYPE: MOTORCYCLE DEALERS
PUEBLO, CO 81008
SBA Loan Lender
SUNFLOWER BANK
1701 SANTA FE DR
PUEBLO, CO 81006
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide bank loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5571 - Motorcycle Dealers
NAICS Code
441221 - Motorcycle, ATV, and Personal Watercraft Dealers
Loan Approval Date
2/2/2001
Loan Approval Gross Amount
$400,000
Loan Approval from the SBA
Of the total $400,000 loan amount, the SBA guaranteed $297,000.
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 10 employees. The SBA loan application for the borrower did not indicate that the company promised to use the money to increase staffing levels or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
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Find an SBA Lender in Pueblo, Colorado
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