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April 25, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > Glenwood Springs, Business Loans > Alpine Bank Glenwood Springs Business Loans > Golf Usa Loan | ||||
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Colorado Entrepreneur Secures Financing to Buy Golf U.S.A. retail Golf Equip. FranchiseBorrowing money to buy a Golf U.S.A. retail Golf Equip. franchise? Alpine Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Glenwood Springs, Colorado needed money to invest in a Golf U.S.A. retail Golf Equip. franchise back in 2003. Alpine Bank issued an SBA franchise loan. Here are the details on this Colorado small business loan. SBA Loan Borrower GOLF USA SBA Loan Lender ALPINE BANK 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 339920 - Sporting and Athletic Goods Manufacturing Loan Approval Date 3/31/2003 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 an existing business. This loan was used to buy a Golf U.S.A. retail Golf Equip. franchise. At the time of the loan, the company had 6 employees. This SBA loan request did not indicate that the small business planned to use the funding to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. 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 Alpine 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: Banking Deregulation's Effects on Entrepreneurship Banks in Glenwood Springs, Colorado Where to Get an SBA Loan Colorado
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