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May 10, 2024 |
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| Home > Small Business Lenders by State > Utah Business Loan Sources > West Jordan, Business Loans > Mountain America Fcu West Jordan Business Loans > Waste Collection Loan | ||||
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How to Get SBA Loans in American Fork, Utah
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Financing for Waste CollectionLooking for loans for waste collection? Talk to a banker who works with the SBA. This $100,000 waste collection loan was issued by an Utah bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in American Fork, Utah was able to borrow $100,000 from Mountain America Fcu. The SBA made the loan possible by guaranteeing $50,000 of this Utah small business loan. SBA Loan Borrower COMPANY TYPE: WASTE COLLECTION SBA Loan Lender MOUNTAIN AMERICA FCU The lender provided this debt financing through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 562119 - Waste Collection Loan Approval Date 10/1/2007 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $50,000. 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 only one employee. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 1 existing job. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $100,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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 Participating Banks in West Jordan, Utah Getting a Business Loan in Utah
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