Health Care & Insurance  December 18, 2023

Bank sues Boulder dentist over unpaid loan

BOULDER — First Western Trust Bank has filed a lawsuit against Boulder dentist Dr. Kyle Daniel and his practice, Boulder Premier Dentistry, seeking repayment of a $1.36 million loan.

The bank alleged in the lawsuit that the dental practice defaulted on the loan by not making monthly payments to the bank in October and November and by defaulting on a lease agreement with Valmont Holdings LLC. It also alleged that Dr. Daniel defaulted on the loan guaranty by not repaying the bank when the loan was called.

The dental practice is located at  2830 Valmont Road in Boulder, and Daniel lives in Longmont.

SPONSORED CONTENT

5 ways to boost your business with solar

Namaste Solar has helped businesses from all different industries and verticals invest in on-site solar. Whether you are a top public university, outdoor gear retailer, or local dog toy manufacturer, most property owners can benefit from solar in these five ways.

As of Nov. 29, the bank said that “not less than $1,154,039” is due in principal and interest. 

The lawsuit claims breach of contract and asks the court to order repayment plus attorney fees and court costs.

A call to Dr. Daniel’s office seeking comment was not returned.

The case is First Western Trust Bank vs. Kyle N. Daniel, DDS, PC, dba Boulder Premier Dentistry and Kyle N. Daniel, case number 2023cv30973 filed Dec. 12 in Boulder Country District Court.

BOULDER — First Western Trust Bank has filed a lawsuit against Boulder dentist Dr. Kyle Daniel and his practice, Boulder Premier Dentistry, seeking repayment of a $1.36 million loan.

The bank alleged in the lawsuit that the dental practice defaulted on the loan by not making monthly payments to the bank in October and November and by defaulting on a lease agreement with Valmont Holdings LLC. It also alleged that Dr. Daniel defaulted on the loan guaranty by not repaying the bank when the loan was called.

The dental practice is located at  2830 Valmont Road in Boulder, and Daniel lives in…

Ken Amundson
Ken Amundson is managing editor of BizWest. He has lived in Loveland and reported on issues in the region since 1987. Prior to Colorado, he reported and edited for news organizations in Minnesota and Iowa. He's a parent of two and grandparent of four, all of whom make their homes on the Front Range. A news junkie at heart, he also enjoys competitive sports, especially the Rapids.
Sign up for BizWest Daily Alerts