United Western Bank SBA Loan to Full-Service Restaurants Company
United Western Bank has a track record as a leading provider of SBA loans. Find out how this Texas entrepreneur received an SBA loan from them.
This growing company knew how to go about getting a business bank loan. Based in Southlake, Texas, they applied for and received an SBA-guaranteed loan in 2004. The lending bank was United Western Bank, based in Denver, Colorado.
SBA Loan Borrower
COMPANY TYPE: FULL-SERVICE RESTAURANTS
SOUTHLAKE, TX 76092
SBA Loan Lender
UNITED WESTERN BANK
700 17TH ST, STE 100
DENVER, CO 80202
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
722110 - Full-Service Restaurants
Loan Approval Date
11/24/2004
Loan Approval Gross Amount
$312,000
Loan Approval from the SBA
Of the total $312,000 loan amount, the SBA guaranteed $234,000.
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 35 employees. The SBA loan application for the borrower did not indicate that the business promised to use the money to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
Many small businesses receive loans backed by the U.S. Small Business Administration.
If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from United Western Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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 - How to Borrow Money
SBA Banks in Denver, Colorado
Colorado SBA 7A Lenders