 |
 |
May 5, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Utah Business Loan Sources > Provo, Business Loans > Central Bank Provo Business Loans > Limited-Service Restaurants Loan | ||||
 |
||||
Who Can Get a Business Loan in Salt Lake City, Utah?
|
||||
 |
Financing for Limited-Service RestaurantsWith these loans for limited-service restaurants, the SBA guarantees the lender that the loan will be repaid. This limited-service restaurants loan for $104,000 was given to an Utah entrepreneur in 2007. Getting a small business loan in Salt Lake City, Utah was important for this company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Central Bank, operating out of Provo, Utah. Here are the details on this Utah small business loan. SBA Loan Borrower COMPANY TYPE: LIMITED-SERVICE RESTAURANTS SBA Loan Lender CENTRAL BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 10/2/2007 Loan Approval Gross Amount $104,000 Loan Approval from the SBA Of the total $104,000 loan amount, the SBA guaranteed $88,400. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 6 employees. The loan application indicated that the loan would help retain 6 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. This SBA loan was for $104,000. How would you spend $104,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Find an SBA Lender in Provo, Utah
|
|
||
|
||||
|
|
||||