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April 27, 2024 |
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| Home > Small Business Lenders by State > Arizona Business Loan Sources > West Jordan, Business Loans > Mountain America Fcu West Jordan Business Loans > Site Preparation Contractors Loan | ||||
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El Mirage, Arizona Bank for SBA Loans
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Raising Money for Site Preparation ContractorsLooking for business loans for site preparation contractors? Try the SBA. This $25,000 site preparation contractors loan was issued by an Utah bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in El Mirage, Arizona was able to borrow $25,000 from Mountain America Fcu. The SBA made the loan possible by guaranteeing $12,500 of this Arizona small business loan. SBA Loan Borrower COMPANY TYPE: SITE PREPARATION CONTRACTORS SBA Loan Lender MOUNTAIN AMERICA FCU This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 238910 - Site Preparation Contractors Loan Approval Date 8/24/2005 Loan Approval Gross Amount $25,000 Loan Approval from the SBA Of the total $25,000 loan amount, the SBA guaranteed $12,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 5 new jobs and retain 1 existing job. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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 Bank Loans in West Jordan, Utah
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