Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Raising Money in Steamboat Springs, Colorado With SBA Loans

 

 
Loan Census SBA Loan Info

Window Treatment Stores Bank Loans

With these bank loans for window treatment stores, the SBA guarantees the lender that the loan will be repaid. This window treatment stores loan for $72,000 was given to a Colorado entrepreneur in 2002.

This small firm knew how to go about getting a business bank loan. Based in Steamboat Springs, Colorado, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Alpine Bank, based in Steamboat Springs, Colorado.

SBA Loan Borrower

COMPANY TYPE: WINDOW TREATMENT STORES
STEAMBOAT SPRINGS, CO 80487

SBA Loan Lender

ALPINE BANK
1901 PINE GROVE RD
STEAMBOAT SPRINGS, CO 80477

This lender issued this SBA loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

442291 - Window Treatment Stores

Loan Approval Date

11/7/2002

Loan Approval Gross Amount

$72,000

Loan Approval from the SBA

Of the total $72,000 loan amount, the SBA guaranteed $54,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The loan application did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

Every year, the SBA guarantees over $10 billion for loans just like this one.

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 Alpine 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.

Related Links:

Alternative Financing

SBA Participating Banks in Steamboat Springs, Colorado

Where to Get an SBA Loan Colorado