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May 2, 2024 |
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| Home > Small Business Lenders by State > Utah Business Loan Sources > Minnetonka, Business Loans > Signature Bank Minnetonka Business Loans > Construction And Mining Machinery And Equipment Merchant Loan | ||||
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Examples of Salt Lake City SBA Loans
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Construction and Mining Machinery and Equipment Merchant Small Business LoansLooking for small business loans for construction and mining machinery and equipment merchant? Talk to a banker who works with the SBA. This $200,000 construction and mining machinery and equipment merchant loan was issued by a Minnesota bank. This small firm received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Signature Bank, out of Minnetonka, Minnesota. The loan was granted and they received $200,000 to help grow their Salt Lake City, Utah business. SBA Loan Borrower COMPANY TYPE: CONSTRUCTION AND MINING MACHINERY AND EQUIPMENT MERCHANT SBA Loan Lender SIGNATURE BANK This debt financing 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 423810 - Construction and Mining Machinery and Equipment Merchant Loan Approval Date 2/14/2007 Loan Approval Gross Amount $200,000 Loan Approval from the SBA Of the total $200,000 loan amount, the SBA guaranteed $100,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 7 employees. This SBA loan request indicated that the loan would help generate 6 new jobs and retain 1 existing job. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. 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. Related Links: Realistic Debt Financing Options SBA 7A Banks for Minnetonka, Minnesota Loans
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