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April 19, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > Eagle, Business Loans > Alpine Bank Eagle Business Loans > Floor Covering Stores Loan | ||||
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Banks in Eagle, Colorado That Make SBA Loans
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Entrepreneur Works With Eagle, Colorado Bank to Get an SBA LoanThinking about meeting with an Eagle, Colorado bank about a small business loan? Here's one Colorado business loan, issued by an Eagle bank, that was approved by the SBA. Applying for an SBA loan with Alpine Bank worked out well for our friends at one local company in Eagle, Colorado. They received an SBA loan for $387,000. Great job! SBA Loan Borrower COMPANY TYPE: FLOOR COVERING STORES SBA Loan Lender ALPINE BANK This SBA bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5713 - Floor Covering Stores NAICS Code 442210 - Floor Covering Stores Loan Approval Date 3/22/2001 Loan Approval Gross Amount $387,000 Loan Approval from the SBA Of the total $387,000 loan amount, the SBA guaranteed $290,250. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 9 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the loan proceeds to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $387,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Obtaining Funding - Friends and Family Who Lends Money to Small Businesses in Eagle, Colorado
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