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April 18, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > Telluride, Business Loans > Alpine Bank Telluride Business Loans > Art Dealers Loan | ||||
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Who Can Get a Business Loan in Ouray, Colorado?
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How to Get a Loan for Art DealersLooking for business loans for art dealers? An SBA loan may be just what you've been looking for. This $140,000 art dealers loan was issued by a Colorado bank. This small business knew how to go about getting a business bank loan. Based in Ouray, Colorado, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Alpine Bank, based in Telluride, Colorado. SBA Loan Borrower COMPANY TYPE: ART DEALERS SBA Loan Lender ALPINE BANK This lender issued this particular 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 453920 - Art Dealers Loan Approval Date 5/6/2002 Loan Approval Gross Amount $140,000 Loan Approval from the SBA Of the total $140,000 loan amount, the SBA guaranteed $119,000. 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 8 employees. The SBA loan documents did not indicate that the small business promised to use the loan proceeds to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. We can help you find the best banks for small businesses in Ouray or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Small Bank Loans in Telluride, Colorado
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