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May 17, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > Arvada, Business Loans > Bank Of Choice-Colorado Arvada Business Loans > Photofinishing Laboratories Loan | ||||
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SBA Lenders in Colorado
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Lakewood, Colorado Business Gets SBA-Guaranteed Funding from Bank Of Choice-ColoradoAn SBA loan from Bank Of Choice-Colorado typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Lakewood, Colorado business owner got a $150,000 loan. Getting a small business loan in Lakewood, Colorado was an essential business goal for this firm back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Bank Of Choice-Colorado, operating out of Arvada, Colorado. Here are the details on this Colorado small business loan. SBA Loan Borrower COMPANY TYPE: PHOTOFINISHING LABORATORIES SBA Loan Lender BANK OF CHOICE-COLORADO This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 812921 - Photofinishing Laboratories Loan Approval Date 8/13/2004 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 an existing business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The loan application did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. We can help you find the best banks for small businesses in Lakewood or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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 7A Lenders in Arvada, Colorado
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