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March 29, 2024  
 
 
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Alpine Bank Small Business Loans Grand Junction, Colorado

 

 
Loan Census SBA Loan Info

Business Loan from Alpine Bank Given to Physicians Company

An SBA loan from Alpine Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Grand Junction, Colorado business owner got a $150,000 loan.

Getting a small business loan in Grand Junction, Colorado was an essential business goal for this firm back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Alpine Bank, operating out of Grand Junction, Colorado. Here are the details on this Colorado small business loan.

SBA Loan Borrower

COMPANY TYPE: PHYSICIANS
GRAND JUNCTION, CO 81506

SBA Loan Lender

ALPINE BANK
225 N 5TH ST
GRAND JUNCTION, CO 81501

This was a Low Documentation SBA loan. The SBA launched this program to limit the paperwork associated with borrowing money. The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621111 - Physicians

Loan Approval Date

10/29/2003

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

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 6 employees. The loan application did not indicate that the company promised to use the money to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

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.

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