Loan Census Banking News and Information
April 24, 2024  
 
 
  Business Loan Information  
 

Draper, Utah Bank Loan

 

 
Loan Census SBA Loan Info

Zions First National Bank Provides SBA Loan to Buy Postal Annex Plus Franchise

Need money to buy a Postal Annex Plus franchise? Zions First National Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Postal Annex Plus franchise shouldn't be too tough. In 2004, Zions First National Bank issued an SBA franchise loan to an entrepreneur in Draper, Utah. Because Postal Annex Plus was registered with the SBA's registry of franchises, this Utah small business loan was issued on an expedited basis.

SBA Loan Borrower

ASF ENTERPRISES INC
DRAPER, UT 84020

SBA Loan Lender

ZIONS FIRST NATIONAL BANK
2460 SOUTH 3270 WEST, SBA DEP
WEST VALLEY CITY, UT 84119

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

492210 - Local Messengers and Local Delivery

Loan Approval Date

9/22/2004

Loan Approval Gross Amount

$112,000

Loan Approval from the SBA

Of the total $112,000 loan amount, the SBA guaranteed $95,200.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Postal Annex Plus franchise. At the time of the loan, the company had 5 employees. The SBA loan documents indicated that the loan would help retain 5 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

We can help you find the best banks for small businesses in Draper or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Investor Turnoffs

Best West Valley City, Utah Banks for Small Business

SBA Utah Lenders