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March 29, 2024  
 
 
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Colorado Bank SBA Loans

 

 
Loan Census SBA Loan Info

Community Banks Of Colorado SBA Loan to Nursing And Personal Care Facilities, N.E.C Company

Looking to get a Colorado SBA loan? Here's one Colorado business loan that was approved by the SBA.

This up and coming company knew how to go about getting a business bank loan. Based in Cortez, Colorado, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Community Banks Of Colorado, based in Dove Creek, Colorado.

SBA Loan Borrower

COMPANY TYPE: NURSING AND PERSONAL CARE FACILITIES, N.E.C
CORTEZ, CO 81321

SBA Loan Lender

COMMUNITY BANKS OF COLORADO
305 S GUYRENE ST
DOVE CREEK, CO 81324

This SBA small business loan was provided by a small business banker with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan applications to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8059 - Nursing and Personal Care Facilities, N.E.C

Loan Approval Date

2/28/2000

Loan Approval Gross Amount

$376,000

Loan Approval from the SBA

Of the total $376,000 loan amount, the SBA guaranteed $282,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 6 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the funding to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Community Banks Of Colorado are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Debt Financing

Where to Get an SBA Loan in Dove Creek, Colorado

Find an SBA Lender in Colorado