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April 29, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > Los Angeles, Business Loans > Center Bank Los Angeles Business Loans > Supermarkets And Grocery Stores Loan | ||||
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Raising Money in Denver, Colorado With SBA Loans
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Firm Gets a Colorado SBA LoanColoradoSmall business loans are available to Colorado small business owners through the SBA. In this case, a California bank provides the loan. Getting a small business loan in Denver, Colorado was a top priority for this small company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Center Bank. Here are the details on this Colorado small business loan. SBA Loan Borrower COMPANY TYPE: SUPERMARKETS AND GROCERY STORES SBA Loan Lender CENTER BANK This lender provides SBA small business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 445110 - Supermarkets and Grocery Stores Loan Approval Date 9/11/2002 Loan Approval Gross Amount $429,000 Loan Approval from the SBA Of the total $429,000 loan amount, the SBA guaranteed $321,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 12 employees. The loan application indicated that the loan would help retain 12 existing jobs. Next Steps for Getting an SBA Loan SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Center Bank and they will explain how you can get an SBA loan for your company. 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: Good Banks for Small Business in Los Angeles, California
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