Loan Census Banking News and Information
March 29, 2024  
 
 
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Pagosa Springs Bank Loan

 

 
Loan Census SBA Loan Info

Pagosa Springs, Colorado Bank Lends Money to Automotive Parts And Accessories Stores Company in Pagosa Springs, Colorado

Get SBA loans from a Pagosa Springs, Colorado bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.

Citizens Bank - Pagosa Springs is a Pagosa Springs, Colorado small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Colorado company.

SBA Loan Borrower

COMPANY TYPE: AUTOMOTIVE PARTS AND ACCESSORIES STORES
PAGOSA SPRINGS, CO 81147

SBA Loan Lender

CITIZENS BANK - PAGOSA SPRINGS
703 SAN JUAN ST
PAGOSA SPRINGS, CO 81147

This 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.

NAICS Code

441310 - Automotive Parts and Accessories Stores

Loan Approval Date

8/18/2004

Loan Approval Gross Amount

$450,000

Loan Approval from the SBA

Of the total $450,000 loan amount, the SBA guaranteed $337,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 10 employees. The SBA loan application for the borrower did not indicate that the business promised to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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 From a Venture Capitalist

Small Business Banks in Pagosa Springs, Colorado

Colorado SBA 7A Lenders