Colorado Crude LLC Secures Approval for Liquor License Following Debt Clearance

The Greeley City Liquor License Authority convened on August 15, 2025, to discuss several key matters, primarily focusing on the liquor license application for Colorado Crude LLC. The meeting highlighted the financial background of the business, including the repayment of loans and the overall investment made by the partners.

During the proceedings, representatives from Colorado Crude LLC clarified that they had taken out two loans totaling $105,000, which have since been paid back in full. Each partner contributed approximately $150,000 to the business, indicating a strong financial commitment to its establishment. The discussion also touched on the challenges faced during the build-out process, which delayed the opening and resulted in fewer sales during the winter months.

The authority reviewed the community's needs and desires regarding the liquor license application. Despite a low number of valid signatures—31 out of 35 submitted—the authority noted the area's high traffic and limited existing liquor establishments, which justified the approval of the license. The authority expressed satisfaction with the moral character of the applicants and the absence of outstanding debts, further supporting their decision.

In conclusion, the liquor license for Colorado Crude LLC was approved, pending state review. The authority emphasized the importance of posting the necessary disturbance sign from the Greeley Police Department as part of the licensing process. The meeting underscored the city's commitment to facilitating local businesses while ensuring compliance with regulatory standards.