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May 4, 2024 |
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| Home > Small Business Lenders by State > Utah Business Loan Sources > Salt Lake City, Business Loans > Beehive Cu Salt Lake City Business Loans > Tax Preparation Services Loan | ||||
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Murray, Utah Bank Loan
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Tax Preparation Services Bank LoansWith these bank loans for tax preparation services, the SBA guarantees the lender that the loan will be repaid. This tax preparation services loan for $35,000 was given to an Utah entrepreneur in 2007. This company knew how to go about getting a business bank loan. Based in Murray, Utah, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Beehive Cu, based in Salt Lake City, Utah. SBA Loan Borrower COMPANY TYPE: TAX PREPARATION SERVICES SBA Loan Lender BEEHIVE CU This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 541213 - Tax Preparation Services Loan Approval Date 11/27/2007 Loan Approval Gross Amount $35,000 Loan Approval from the SBA Of the total $35,000 loan amount, the SBA guaranteed $17,500. 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 documents indicated that the loan would help generate 4 new jobs and retain 6 existing jobs. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer 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: Advice on Getting a Small Business Loan
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