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May 14, 2024 |
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| Home > Small Business Lenders by State > Utah Business Loan Sources > Saint George, Business Loans > State Bank Of Southern Utah Saint George Business Loans > Commercial Printing Loan | ||||
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State Bank Of Southern Utah Ivins, Utah
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State Bank Of Southern Utah SBA Loan to Commercial Printing CompanyState Bank Of Southern Utah has a track record as a leading provider of SBA loans. Find out how this Utah entrepreneur received an SBA loan from them. This small firm knew how to go about getting a business bank loan. Based in Ivins, Utah, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was State Bank Of Southern Utah, based in Saint George, Utah. SBA Loan Borrower COMPANY TYPE: COMMERCIAL PRINTING SBA Loan Lender STATE BANK OF SOUTHERN UTAH This lender issued this particular commercial loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 2759 - Commercial Printing Loan Approval Date 4/6/2000 Loan Approval Gross Amount $85,000 Loan Approval from the SBA Of the total $85,000 loan amount, the SBA guaranteed $68,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 6 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. This SBA loan was for $85,000. How would you spend $85,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Find an SBA Lender in Saint George, Utah
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