Business Loan from Flatirons Bank Given to No Industry Type Specified Company

An SBA loan from Flatirons Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Boulder, Colorado business owner got a $69,000 loan.

This business knew how to go about getting a business bank loan. Based in Boulder, Colorado, they applied for and received an SBA-guaranteed loan in 2003. The lending bank was Flatirons Bank, based in Boulder, Colorado.

SBA Loan Borrower

COMPANY TYPE: NO INDUSTRY TYPE SPECIFIED
BOULDER, CO 80304

SBA Loan Lender

FLATIRONS BANK
5400 MT MEEKER
BOULDER, CO 80301

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541710 -

Loan Approval Date

3/26/2003

Loan Approval Gross Amount

$69,000

Loan Approval from the SBA

Of the total $69,000 loan amount, the SBA guaranteed $58,650.

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 only one employee. This SBA loan request did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

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.

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