Loan Census Banking News and Information
April 30, 2024  
 
 
  Business Loan Information  
 

Horizon Utah Fcu D/b/a Horizon Small Business Loan

 

 
Loan Census SBA Loan Info

Where to Get Capital for Gift, Novelty, and Souvenir Stores

Looking for small business loans for gift, novelty, and souvenir stores? Try the SBA. This $30,000 gift, novelty, and souvenir stores loan was issued by an Utah bank.

This small firm received financial assistance through the SBA's lending programs back in 2008. They applied for an SBA loan with Horizon Utah Fcu D/b/a Horizon, out of Farmington, Utah. The loan was granted and they received $30,000 to help grow their Salt Lake City, Utah business.

SBA Loan Borrower

COMPANY TYPE: GIFT, NOVELTY, AND SOUVENIR STORES
SALT LAKE CITY, UT 84117

SBA Loan Lender

HORIZON UTAH FCU D/B/A HORIZON
225 SOUTH 200 WEST
FARMINGTON, UT 84025

This lender processed this SBA bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

453220 - Gift, Novelty, and Souvenir Stores

Loan Approval Date

1/4/2008

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $15,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 4 employees. The loan application indicated that the loan would help retain 4 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

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 Horizon Utah Fcu D/b/a Horizon 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:

Alternative Financing

SBA Banks in Farmington, Utah

SBA Lenders in Utah