Loan Census Banking News and Information
January 16, 2022  
 
 
  Business Loan Information  
 

SBA Lender Edwards Colorado

 

 
Loan Census SBA Loan Info

Loans for One-Hour Photofinishing

Looking for loans for one-hour photofinishing? The SBA may be the answer. This $150,000 one-hour photofinishing loan was issued by a Colorado bank.

Getting a small business loan in Edwards, Colorado was important for this company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Wells Fargo Bank, operating out of Glenwood Springs, Colorado. Here are the details on this Colorado small business loan.

SBA Loan Borrower

COMPANY TYPE: ONE-HOUR PHOTOFINISHING
EDWARDS, CO 81632

SBA Loan Lender

WELLS FARGO BANK
3230 S GLEN AVE
GLENWOOD SPRINGS, CO 81601

This lender issued this particular bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812922 - One-Hour Photofinishing

Loan Approval Date

6/25/2002

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 4 employees. The loan application 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

If you have been wondering how do i get money to start a business in Edwards CO, you ought to talk with a local Edwards SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Edwards businesses.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:

Microlending as a Small Business Funding Source

Small Bank Loans in Glenwood Springs, Colorado

SBA Colorado Lenders