 |
 |
May 12, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Utah Business Loan Sources > West Jordan, Business Loans > Mountain America Fcu West Jordan Business Loans > Sports And Recreation Instruction Loan | ||||
 |
||||
Best Banks in Utah
|
||||
 |
Financing for Sports and Recreation InstructionLooking for loans for sports and recreation instruction? Talk to a banker who works with the SBA. This $33,300 sports and recreation instruction loan was issued by an Utah bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Cedar Hills, Utah was able to borrow $33,300 from Mountain America Fcu. The SBA made the loan possible by guaranteeing $16,650 of this Utah small business loan. SBA Loan Borrower COMPANY TYPE: SPORTS AND RECREATION INSTRUCTION SBA Loan Lender MOUNTAIN AMERICA FCU The lender provided this commercial loan 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 611620 - Sports and Recreation Instruction Loan Approval Date 5/6/2005 Loan Approval Gross Amount $33,300 Loan Approval from the SBA Of the total $33,300 loan amount, the SBA guaranteed $16,650. 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 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs. Next Steps for Getting an SBA Loan SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Determining Proper Capital Structure for a Business Good Banks for Small Business in West Jordan, Utah
|
|
||
|
||||
|
|
||||