Colorado Small Business Loan Issued to Amusement And Recreation Industries Company

ColoradoBusiness loans are available to Colorado business owners through the SBA. In this case, a Colorado bank provides the loan.

You can learn something about getting a small business loan in Wheat Ridge, Colorado by studying this loan to a local business, made back in 2001. Banks like Premier Bank may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: AMUSEMENT AND RECREATION INDUSTRIES
WHEAT RIDGE, CO 80033

SBA Loan Lender

PREMIER BANK
1630 STOUT ST
DENVER, CO 80202

This lender provides SBA bank loans 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

713990 - Amusement and Recreation Industries

Loan Approval Date

11/14/2001

Loan Approval Gross Amount

$1,169,000

Loan Approval from the SBA

Of the total $1,169,000 loan amount, the SBA guaranteed $876,750.

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 only one employee. This SBA loan request indicated that the loan would help create 5 new jobs.

Next Steps for Getting an SBA Loan

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.

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 $1,169,000 loan. Remember, you control your own destiny.

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:

Equity Financing

SBA 7A Lenders in Denver, Colorado

Find an SBA Lender in Colorado