Loan Census Banking News and Information
May 17, 2024  
 
 
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Saint George, Utah Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Saint George, Utah Bank Lends Money to Family Clothing Stores Company in Mesquite, Nevada

Get SBA loans from a Saint George, Utah bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

Southwest Community Fcu is a Saint George, Utah small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Nevada company.

SBA Loan Borrower

COMPANY TYPE: FAMILY CLOTHING STORES
MESQUITE, NV 89024

SBA Loan Lender

SOUTHWEST COMMUNITY FCU
162 N 400 EAST, A-101
SAINT GEORGE, UT 84770

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan for a small business was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

448140 - Family Clothing Stores

Loan Approval Date

11/26/2007

Loan Approval Gross Amount

$416,500

Loan Approval from the SBA

Of the total $416,500 loan amount, the SBA guaranteed $312,375.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 6 employees. The SBA loan application for the borrower indicated that the loan would help retain 6 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great source of funding.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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.

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