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May 9, 2024 |
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| Home > Small Business Lenders by State > Utah Business Loan Sources > West Jordan, Business Loans > Mountain America Fcu West Jordan Business Loans > Footwear And Leather Goods Repair Loan | ||||
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What Does It Take to Get a Business Loan in Layton, Utah?
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Commercial Loans for Footwear and Leather Goods RepairLooking for commercial loans for footwear and leather goods repair? Try the SBA. This $25,000 footwear and leather goods repair loan was issued by an Utah bank. Getting a small business loan in Layton, Utah was important for this small business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Mountain America Fcu, operating out of West Jordan, Utah. Here are the details on this Utah small business loan. SBA Loan Borrower COMPANY TYPE: FOOTWEAR AND LEATHER GOODS REPAIR SBA Loan Lender MOUNTAIN AMERICA FCU This lender processed this bank loan 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 811430 - Footwear and Leather Goods Repair Loan Approval Date 9/3/2004 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. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide money to small business owners for working capital for other expenses. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $25,000 loan. Remember, feel the fear, and do it anyway. 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: SBA Participating Banks in Utah
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