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April 28, 2024 |
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| Home > Small Business Lenders by State > Utah Business Loan Sources > Salt Lake City, Business Loans > First Utah Bank Salt Lake City Business Loans > Roofing, Siding, And Insulation Material Merchant Wholesalers Loan | ||||
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First Utah Bank
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Business Loan from First Utah Bank Given to Roofing, Siding, And Insulation Material Merchant Wholesalers CompanyFirst Utah Bank 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 Lehi, Utah, they applied for and received an SBA-guaranteed loan in 2006. The lending bank was First Utah Bank, based in Salt Lake City, Utah. SBA Loan Borrower COMPANY TYPE: ROOFING, SIDING, AND INSULATION MATERIAL MERCHANT WHOLESALERS SBA Loan Lender FIRST UTAH BANK This lender processed this business 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 423330 - Roofing, Siding, and Insulation Material Merchant Wholesalers Loan Approval Date 10/2/2006 Loan Approval Gross Amount $70,000 Loan Approval from the SBA Of the total $70,000 loan amount, the SBA guaranteed $35,000. 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 5 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 7 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from First Utah Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Advice on Getting a Small Business Loan SBA 7A Lenders in Salt Lake City, Utah
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