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

Edwards, Colorado Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Financing for Pet Care Services

With these commercial loans for pet care services, the SBA guarantees the lender that the loan will be repaid. This pet care services loan for $50,000 was given to a Colorado entrepreneur in 2002.

This business knew how to go about getting a business bank loan. Based in Edwards, Colorado, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Alpine Bank, based in Avon, Colorado.

SBA Loan Borrower

COMPANY TYPE: PET CARE SERVICES
EDWARDS, CO 81632

SBA Loan Lender

ALPINE BANK
10 W BEAVER CREEK BLVD
AVON, CO 81620

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812910 - Pet Care Services

Loan Approval Date

9/12/2002

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $42,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 3 employees. The SBA loan application for the borrower did not indicate that the company promised to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Alpine Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:

Obtaining Funding From a Venture Capitalist

Find an SBA Lender in Avon, Colorado

Getting an SBA Loan in Colorado