Longmont Climbing Collective LLC
Longmont Climbing Collective LLC is located in Longmont, Colorado, and operates in the All Other Amusement and Recreation Industries sector (NAICS 713990). The company financed real estate or equipment through an SBA 504 loan of $3,438,000, with Banc of California as the lending bank and Mountain West Small Business Finance as the certified development company, approved on January 24, 2025.
SBA 504 loan, approved Jan 24, 2025
$3,438,000 SBA portionCDC: Mountain West Small Business Finance25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $3,438,000
- Bank portion
- $3,944,300
- Estimated project size
- $8,202,556 (estimated)
- Estimated owner equity
- $820,256 (estimated, about 10% of the project)
- Bank lender
- Banc of California, Los Angeles, CA
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- January 24, 2050 (estimated, approval date plus term)
- First disbursement
- Aug 13, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 16
- Business type
- Corporation
- NAICS
- 713990, All Other Amusement and Recreation Industries
- Project location
- Weld County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-2
- Collateral
- Yes
Estimated share of project by source
Bank 48% SBA (CDC) 42% Owner 10%
- Larger than 88% of expansion loans in All Other Amusement and Recreation Industries on this site.
- Average expansion loan in All Other Amusement and Recreation Industries: $2,189,271.
- Average expansion loan in Colorado: $2,096,252.
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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