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April 18, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > Colorado Springs, Business Loans > Integrity Bank & Trust Colorado Springs Business Loans > Full-Service Restaurants Loan | ||||
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Colorado SBA Lenders
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Colorado Springs, Colorado Bank Lends Money to Full-Service Restaurants Company in Colorado Springs, ColoradoThinking about meeting with a Colorado Springs, Colorado bank about a small business loan? Here's one Colorado business loan, issued by a Colorado Springs bank, that was approved by the SBA. Applying for an SBA loan with Integrity Bank & Trust worked out well for our friends at one local business in Colorado Springs, Colorado. They got an SBA loan for $240,000. Way to go! SBA Loan Borrower COMPANY TYPE: FULL-SERVICE RESTAURANTS SBA Loan Lender INTEGRITY BANK & TRUST The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA bank loans to to entrepreneurs who might have trouble getting a conventional bank loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 5/3/2006 Loan Approval Gross Amount $240,000 Loan Approval from the SBA Of the total $240,000 loan amount, the SBA guaranteed $180,000. 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 2 employees. The SBA loan documents did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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: SBA Participating Banks in Colorado Springs, Colorado Getting a Business Loan in Colorado
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