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March 28, 2024  
 
 
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Colorado Small Business Funding

 

 
Loan Census SBA Loan Info

Financing for Snack and Nonalcoholic Beverage Bars

Looking for loans for snack and nonalcoholic beverage bars? Try the SBA. This $70,000 snack and nonalcoholic beverage bars loan was issued by a Colorado bank.

Getting a small business loan in Colorado Springs, Colorado was important for this company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Bank Of Colorado, operating out of Colorado Springs, Colorado. Here are the details on this Colorado small business loan.

SBA Loan Borrower

COMPANY TYPE: SNACK AND NONALCOHOLIC BEVERAGE BARS
COLORADO SPRINGS, CO 80903

SBA Loan Lender

BANK OF COLORADO
421 N TEJON
COLORADO SPRINGS, CO 80903

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

9/9/2002

Loan Approval Gross Amount

$70,000

Loan Approval from the SBA

Of the total $70,000 loan amount, the SBA guaranteed $59,500.

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 3 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the money to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

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:

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Banks in Colorado Springs, Colorado

SBA Colorado Lenders