Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

Thornton, Colorado Bank Loan

 

 
Loan Census SBA Loan Info

Thornton, Colorado Entrepreneur Gets a Business Loan

Want a Colorado small business loan? This Colorado entrepreneur got a small business loan, provided by a Colorado bank that works with the SBA to help small business owners.

Getting a small business loan in Thornton, Colorado was a top priority for this small company back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Premier Bank. Here are the details on this Colorado small business loan.

SBA Loan Borrower

COMPANY TYPE: DRYCLEANING AND LAUNDRY SERVICES
THORNTON, CO 80233

SBA Loan Lender

PREMIER BANK
1630 STOUT ST
DENVER, CO 80202

This lender provides SBA loan for small businesses as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812320 - Drycleaning and Laundry Services

Loan Approval Date

12/23/2003

Loan Approval Gross Amount

$148,800

Loan Approval from the SBA

Of the total $148,800 loan amount, the SBA guaranteed $126,480.

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 only one employee. The SBA loan documents indicated that the loan would help generate 2 new jobs.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $148,800 loan. Remember, where there is a will, there is a way!

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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