Loan Census Banking News and Information
April 26, 2024  
 
 
  Business Loan Information  
 

Guaranty Bank & Trust Windsor, Colorado

 

 
Loan Census SBA Loan Info

Windsor, Colorado Business Gets SBA-Guaranteed Funding from Guaranty Bank & Trust

Guaranty Bank & Trust and the SBA work together to get business loans for growing small businesses. Here's an example of how a Colorado entrepreneur was able to get a loan to take a small business to the next level.

This growing company knew how to go about getting a business bank loan. Based in Windsor, Colorado, they applied for and received an SBA-guaranteed loan in 2005. The lending bank was Guaranty Bank & Trust, based in Denver, Colorado.

SBA Loan Borrower

COMPANY TYPE: FULL-SERVICE RESTAURANTS
WINDSOR, CO 80550

SBA Loan Lender

GUARANTY BANK & TRUST
1331 17TH ST
DENVER, CO 80202

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

8/24/2005

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. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 10 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a company in Windsor CO, you ought to talk with a local Windsor SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Windsor businesses.

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:

Understanding Dilution

Best Banks in Denver, Colorado

Getting an SBA Loan in Colorado