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May 14, 2024  
 
 
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I Need a Business Loan in Pleasant Grove, Utah

 

 
Loan Census SBA Loan Info

Commercial Loans for Concrete Product Manufacturing

Looking for commercial loans for concrete product manufacturing? Try the SBA. This $150,000 concrete product manufacturing loan was issued by an Utah bank.

This business knew how to go about getting a business bank loan. Based in Pleasant Grove, Utah, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Central Bank, based in Provo, Utah.

SBA Loan Borrower

COMPANY TYPE: CONCRETE PRODUCT MANUFACTURING
PLEASANT GROVE, UT 84062

SBA Loan Lender

CENTRAL BANK
75 N UNIVERSITY AVE
PROVO, UT 84601

This commercial loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

327390 - Concrete Product Manufacturing

Loan Approval Date

9/14/2005

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $75,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 12 employees. This SBA loan request indicated that the loan would help retain 12 existing jobs.

Next Steps for Getting an SBA Loan

If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great funding source

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 Central 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.

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