Colorado Wilderness Sports, Inc.
Colorado Wilderness Sports, Inc., located in Estes Park, Colorado, is classified under the SBA industry Sporting Goods Retailers (NAICS 459110). The business was financed with an SBA 7(a) loan for a change of ownership of $1.23 million from Bank of Colorado, with a loan approval date of March 2, 2024.
SBA 7(a) loan, change of ownership, approved Mar 2, 2024
$1,230,000 approvedLender: Bank of Colorado7 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,230,000
- SBA-guaranteed amount
- $922,500 (75% of the approval)
- Lender
- Bank of Colorado, Fort Collins, CO
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 8.5%, variable
- Term
- 7 years (84 months)
- Estimated maturity
- March 2, 2031 (estimated, approval date plus term)
- Estimated monthly payment
- $19,479 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 15, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 16
- Business type
- Corporation
- NAICS
- 459110, Sporting Goods Retailers
- Project location
- Larimer County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 60% of acquisition loans in Sporting Goods Retailers on this site.
- Average acquisition loan in Sporting Goods Retailers: $1,337,498.
- Average acquisition loan in Colorado: $1,608,658.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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