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May 15, 2024 |
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| Home > Small Business Lenders by State > Utah Business Loan Sources > Riverdale, Business Loans > America First Fcu Riverdale Business Loans > Providential Corp Loan | ||||
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Utah Small Business Funding for Franchises
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Harrisville, UT Entrepreneur Gets SBA Loan to Buy Blimpie FranchiseNeed a loan to buy a Blimpie franchise? America First Fcu has a history of making these loans and they are guaranteed by the SBA. Blimpie franchise loans are available to Harrisville, Utah entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, America First Fcu, based in Riverdale, Utah, issued an SBA franchise loan for a Blimpie franchise in 2005. We've got all the details on this Utah small business loan. SBA Loan Borrower PROVIDENTIAL CORP SBA Loan Lender AMERICA FIRST FCU The lender provided this SBA small business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 3/2/2005 Loan Approval Gross Amount $59,600 Loan Approval from the SBA Of the total $59,600 loan amount, the SBA guaranteed $29,800. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Blimpie franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 2 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like America First Fcu are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you. About This SBA Loan Information: All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ. Related Links: The Friends and Family Network Best Banks for Small Business in Riverdale, Utah
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