Loan Census Banking News and Information
April 24, 2024  
 
 
  Business Loan Information  
 

Small Business Banks in Colorado

 

 
Loan Census SBA Loan Info

Beer, Wine, and Liquor Stores Small Business Loans

With these small business loans for beer, wine, and liquor stores, the SBA guarantees the lender that the loan will be repaid. This beer, wine, and liquor stores loan for $418,000 was given to a Colorado entrepreneur in 2005.

Getting a small business loan in Colorado Springs, Colorado was important for this growing firm back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Farmers State Bank, operating out of Calhan, Colorado. Here are the details on this Colorado small business loan.

SBA Loan Borrower

COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
COLORADO SPRINGS, CO 80921

SBA Loan Lender

FARMERS STATE BANK
458 COLORADO AVE
CALHAN, CO 80808

This lender issued this SBA small business 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

445310 - Beer, Wine, and Liquor Stores

Loan Approval Date

8/9/2005

Loan Approval Gross Amount

$418,000

Loan Approval from the SBA

Of the total $418,000 loan amount, the SBA guaranteed $313,500.

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 3 employees. The loan application did not indicate that the small business promised to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Financing Your Business

Small Bank Loans in Calhan, Colorado

Getting an SBA Loan in Colorado