Loan Census Banking News and Information
June 19, 2021  
 
 
  Business Loan Information  
 

Colorado Bank SBA Loans

 

 
Loan Census SBA Loan Info

Crested Butte, Colorado Bank Lends Money to Health Practitioners Company in Crested Butte, Colorado

Get SBA loans from a Crested Butte, Colorado bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

Gunnison Bank & Trust is a Crested Butte, Colorado small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Colorado company.

SBA Loan Borrower

COMPANY TYPE: HEALTH PRACTITIONERS
CRESTED BUTTE, CO 81224

SBA Loan Lender

GUNNISON BANK & TRUST
116 6TH ST
CRESTED BUTTE, CO 81224

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 SBA bank loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621399 - Health Practitioners

Loan Approval Date

6/3/2005

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $21,250.

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 3 employees. The SBA loan documents did not indicate that the business promised to use the funding to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

Every year, the SBA guarantees over $10 billion for loans just like this one.

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 $25,000 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:

Famous Venture Capitalists

Best Crested Butte, Colorado Banks for Small Business

SBA Participating Banks in Colorado