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April 24, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > San Diego, Business Loans > U.S. Bank National Association San Diego Business Loans > Theater Companies And Dinner Theaters Loan | ||||
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U.S. Bank National Association
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SBA Loan from U.S. Bank National Association Helps Theater Companies And Dinner Theaters CompanyAn SBA loan from U.S. Bank National Association typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Steamboat Springs, Colorado business owner got a $552,400 loan. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Steamboat Springs, Colorado was able to borrow $552,400 from U.S. Bank National Association. The SBA made the loan possible by guaranteeing $295,755 of this Colorado small business loan. SBA Loan Borrower COMPANY TYPE: THEATER COMPANIES AND DINNER THEATERS SBA Loan Lender U.S. BANK NATIONAL ASSOCIATION The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide 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. NAICS Code 711110 - Theater Companies and Dinner Theaters Loan Approval Date 10/5/2004 Loan Approval Gross Amount $552,400 Loan Approval from the SBA Of the total $552,400 loan amount, the SBA guaranteed $295,755. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 50 employees. The SBA loan documents did not indicate that the small business promised to use the loan proceeds to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. 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 $552,400 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: SBA 7A Lenders in San Diego, California Browse All Business Loan Sources for California
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