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May 4, 2024 |
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| Home > Small Business Lenders by State > Utah Business Loan Sources > West Valley City, Business Loans > Zions First National Bank West Valley City Business Loans > Rassbeary Enterprises, Inc. Dba Dream Dinn Loan | ||||
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Utah Small Business Funding for Franchises
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Kaysville, UT Entrepreneur Gets SBA Loan to Buy Dream Dinners FranchiseNeed a loan to invest in a Dream Dinners franchise? Zions First National Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Kaysville, Utah needed money to invest in a Dream Dinners franchise back in 2006. Zions First National Bank issued an SBA franchise loan. Here are the details on this Utah small business loan. SBA Loan Borrower RASSBEARY ENTERPRISES, INC. DBA DREAM DINN SBA Loan Lender ZIONS FIRST NATIONAL BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 445110 - Supermarkets and Grocery Stores Loan Approval Date 11/16/2006 Loan Approval Gross Amount $115,000 Loan Approval from the SBA Of the total $115,000 loan amount, the SBA guaranteed $97,750. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Dream Dinners franchise. At the time of the loan, the company had no employees. The SBA loan documents indicated that the borrowed money would help generate 2 new jobs. Great, But How Can I Get an SBA Loan for My Business? Many small businesses receive loans backed by the U.S. Small Business Administration. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Zions First National Bank and they will explain how you can get an SBA loan for your company. 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: Good Banks for Small Business in West Valley City, Utah
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