Loveland shooting range preparing for Chapter 11 bankruptcy after $3.2M foreclosure demand
LOVELAND — Front Range Gun Club, a firing range in south-central Loveland, is preparing to file for Chapter 11 bankruptcy after it received a foreclosure notice earlier this week.
The gun club at 697 N. Denver Ave., Suite 128, was served with a notice of election or demand on May 26, according to documents filed with the Larimer County Public Trustee. The club still owes just more than $3.28 million on the property out of a $3.6 million loan it took out in April 2017.
Gerald Jorgensen, the attorney representing Front Range, told BizWest that the…
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