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April 20, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > Breckenridge, Business Loans > Alpine Bank Breckenridge Business Loans > Office Equipment Loan | ||||
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Colorado Bank SBA Loans
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Alpine Bank SBA Loan to Office Equipment CompanyLooking to get a Colorado SBA loan? Here's one Colorado business loan that was approved by the SBA. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Silverthorne, Colorado was able to borrow $355,000 from Alpine Bank. The SBA made the loan possible by guaranteeing $266,250 of this Colorado small business loan. SBA Loan Borrower COMPANY TYPE: OFFICE EQUIPMENT SBA Loan Lender ALPINE BANK The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA bank loans to to entrepreneurs who might have trouble getting a conventional bank loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5044 - Office Equipment Loan Approval Date 7/31/2000 Loan Approval Gross Amount $355,000 Loan Approval from the SBA Of the total $355,000 loan amount, the SBA guaranteed $266,250. 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 14 employees. This SBA loan request did not indicate that the business planned to use the money to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $355,000 loan. Remember, feel the fear, and do it anyway. 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: Best Banks for Small Business in Breckenridge, Colorado Getting a Business Loan in Colorado
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