Loan Census Banking News and Information
December 18, 2024  
 
 
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Colorado SBA 7A Lenders

 

 
Loan Census SBA Loan Info

Evergreen, Colorado Bank Lends Money to Lumber And Other Building Materials Dealer Company in Tucson, Arizona

Get SBA loans from an Evergreen, Colorado bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

Evergreen National Bank is a Evergreen, Colorado small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to an Arizona company.

SBA Loan Borrower

COMPANY TYPE: LUMBER AND OTHER BUILDING MATERIALS DEALER
TUCSON, AZ 85704

SBA Loan Lender

EVERGREEN NATIONAL BANK
1198 BERGEN PKWY
EVERGREEN, CO 80437

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5211 - Lumber and Other Building Materials Dealer

Loan Approval Date

3/1/2000

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $112,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 5 employees. The SBA loan documents did not indicate that the small business promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Family and Friend Investors - Your First Financiers

SBA Participating Banks in Evergreen, Colorado

Colorado SBA Banks