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April 19, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > Colorado Springs, Business Loans > Adams Bank & Trust Colorado Springs Business Loans > Hotels And Motels Loan | ||||
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Bellvue, Colorado Bank Loan
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Getting an SBA Loan for Hotels and MotelsWith these SBA loans for hotels and motels, the SBA guarantees the lender that the loan will be repaid. This hotels and motels loan for $1,035,000 was given to a Colorado entrepreneur in 2000. Getting a small business loan in Bellvue, Colorado was important for this business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Adams Bank & Trust, operating out of Colorado Springs, Colorado. Here are the details on this Colorado small business loan. SBA Loan Borrower COMPANY TYPE: HOTELS AND MOTELS SBA Loan Lender ADAMS BANK & TRUST SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This small business loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7011 - Hotels and Motels NAICS Code 721110 - Hotels and Motels Loan Approval Date 12/7/2000 Loan Approval Gross Amount $1,035,000 Loan Approval from the SBA Of the total $1,035,000 loan amount, the SBA guaranteed $745,200. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 15 employees. This SBA loan request did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great funding source We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Who Lends Money to Small Businesses in Colorado Springs, Colorado
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