Loan Census Banking News and Information
April 24, 2024  
 
 
  Business Loan Information  
 

Durango, Colorado Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Women's and Girls' Suit, Coat, Tailored Jacket, and Skirt Manufacturing

Looking for bank loans for women's and girls' suit, coat, tailored jacket, and skirt manufacturing? Try the SBA. This $1,200,000 women's and girls' suit, coat, tailored jacket, and skirt manufacturing loan was issued by a Colorado bank.

Getting a small business loan in Durango, Colorado was important for this growing firm back in 2001 and, based on their loan application, they were successful in getting an SBA loan from 1st National Bank - Durango, operating out of Durango, Colorado. Here are the details on this Colorado small business loan.

SBA Loan Borrower

COMPANY TYPE: WATERPROOF OUTERWEAR
DURANGO, CO 81301

SBA Loan Lender

1ST NATIONAL BANK - DURANGO
125 SAWYER DR
DURANGO, CO 81303

This loan for a small business was issued under the SBA's Certified Lenders Program (CLP), which means that this bank has a successful SBA lending history and a deep knowledge SBA policies and procedures.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2385 - Waterproof Outerwear

NAICS Code

315234 - Women's and Girls' Suit, Coat, Tailored Jacket, and Skirt Manufacturing

Loan Approval Date

3/28/2001

Loan Approval Gross Amount

$1,200,000

Loan Approval from the SBA

Of the total $1,200,000 loan amount, the SBA guaranteed $900,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 29 employees. This SBA loan request did not indicate that the business promised to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? 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:

Dealing With Venture Capitalists

SBA Participating Banks in Durango, Colorado

SBA Colorado Lenders