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May 14, 2024 |
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| Home > Small Business Lenders by State > Utah Business Loan Sources > American Fork, Business Loans > Bank Of American Fork American Fork Business Loans > Services To Buildings And Dwellings Loan | ||||
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Tips for Small Business Owners On Getting a Loan
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SBA Loans for Services to Buildings and DwellingsLooking for SBA loans for services to buildings and dwellings? Try the SBA. This $190,300 services to buildings and dwellings loan was issued by an Utah bank. Getting a small business loan in West Jordan, Utah was important for this business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Bank Of American Fork, operating out of American Fork, Utah. Here are the details on this Utah small business loan. SBA Loan Borrower COMPANY TYPE: SERVICES TO BUILDINGS AND DWELLINGS SBA Loan Lender BANK OF AMERICAN FORK This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 561790 - Services to Buildings and Dwellings Loan Approval Date 5/31/2006 Loan Approval Gross Amount $190,300 Loan Approval from the SBA Of the total $190,300 loan amount, the SBA guaranteed $142,725. 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 9 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 10 existing jobs. Next Steps for Getting an SBA Loan If you need money to start business in West Jordan UT, you ought to talk with a local West Jordan SBA lender or talk with an out-of-area SBA lender that has previously loaned money to West Jordan businesses. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Bank Of American Fork had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Bank Of American Fork made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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: SBA Banks in American Fork, Utah
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