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May 9, 2024 |
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| Home > Small Business Lenders by State > Utah Business Loan Sources > Mclean, Business Loans > Capital One Mclean Business Loans > Collection Agencies Loan | ||||
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How to Get an SBA Loan in Cedar City, Utah
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Capital One Gives Small Business Loan to Collection Agencies CompanySearching for an Utah small business loan? This Utah entrepreneur got a small business loan, provided by a Virginia bank that works with the SBA to help small business owners. This business, based in Cedar City, Utah, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Capital One. We've got the inside scoop on this Utah small business loan. SBA Loan Borrower COMPANY TYPE: COLLECTION AGENCIES SBA Loan Lender CAPITAL ONE This lender processed this loan for a small business 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 561440 - Collection Agencies Loan Approval Date 10/25/2006 Loan Approval Gross Amount $15,000 Loan Approval from the SBA Of the total $15,000 loan amount, the SBA guaranteed $7,500. 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 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? If you need money to start business in Cedar City UT, you ought to talk with a local Cedar City SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Cedar City businesses. 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 Capital One 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: Small Business Banks in Mclean, Virginia
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