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May 9, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > Minneapolis, Business Loans > Wells Fargo Bank Minneapolis Business Loans > Theater Companies And Dinner Theaters Loan | ||||
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What Does It Take to Get a Business Loan in Allenspark, Colorado?
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Theater Companies and Dinner Theaters Commercial LoansWith these commercial loans for theater companies and dinner theaters, the SBA guarantees the lender that the loan will be repaid. This theater companies and dinner theaters loan for $1,150,000 was given to a Colorado entrepreneur in 2002. This business knew how to go about getting a business bank loan. Based in Allenspark, Colorado, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Wells Fargo Bank, based in Minneapolis, Minnesota. SBA Loan Borrower COMPANY TYPE: THEATER COMPANIES AND DINNER THEATERS SBA Loan Lender WELLS FARGO BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 711110 - Theater Companies and Dinner Theaters Loan Approval Date 9/12/2002 Loan Approval Gross Amount $1,150,000 Loan Approval from the SBA Of the total $1,150,000 loan amount, the SBA guaranteed $862,500. 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 20 employees. The SBA loan application for the borrower did not indicate that the business planned to use the funding to add employees or retain any existing employees. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Find an SBA Lender in Minneapolis, Minnesota SBA Participating Banks in Minnesota
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