Main Street Registry

Colorado Wilderness Sports, Inc.

Estes Park, CO · Sporting Goods Retailers · NAICS 459110

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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Same industry in Colorado