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May 3, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > Salt Lake City, Business Loans > Bank Of The West Salt Lake City Business Loans > Vending Machine Operators Loan | ||||
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SBA 7A Banks for Englewood, Colorado Businesses
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Small Business Loans for Vending Machine OperatorsWith these small business loans for vending machine operators, the SBA guarantees the lender that the loan will be repaid. This vending machine operators loan for $725,000 was given to a Colorado entrepreneur in 2002. Getting a small business loan in Englewood, Colorado was important for this growing firm back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Bank Of The West, operating out of Salt Lake City, Utah. Here are the details on this Colorado small business loan. SBA Loan Borrower COMPANY TYPE: VENDING MACHINE OPERATORS SBA Loan Lender BANK OF THE WEST This lender provides SBA guaranteed 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 454210 - Vending Machine Operators Loan Approval Date 6/7/2002 Loan Approval Gross Amount $725,000 Loan Approval from the SBA Of the total $725,000 loan amount, the SBA guaranteed $543,750. 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 50 employees. The loan application indicated that the loan would help retain 50 existing jobs. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. We've showcased information on this loan to let you know that businesses like yours 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: Raising VC Money for Social Networking Companies SBA Approved Banks in Salt Lake City, Utah
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