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April 23, 2024 |
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| Home > Small Business Lenders by State > Utah Business Loan Sources > West Valley City, Business Loans > Zions First National Bank West Valley City Business Loans > Do It Best Hardware Loan | ||||
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Where to Get an SBA 7A Loan to Purchase a Franchise
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Magna, UT Entrepreneur Gets SBA Loan to Buy Do It Best Hardware FranchiseNeed money to buy a Do It Best Hardware franchise? Zions First National Bank has a history of making these loans and they are guaranteed by the SBA. If you live near Magna, Utah and are interested in buying a Do It Best Hardware franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2000 by Zions First National Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower DO IT BEST HARDWARE SBA Loan Lender ZIONS FIRST NATIONAL BANK This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 444130 - Hardware Stores Loan Approval Date 11/13/2000 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Do It Best Hardware franchise. At the time of the loan, the company had 8 employees. The SBA loan documents indicated that the loan would help retain 8 existing jobs. Start the Process for Getting an SBA Loan Today! If you are working on finding money to start a business in Magna UT, you ought to talk with a local Magna SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Magna businesses. 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 $50,000 loan. Remember, things become real when you believe you can achieve them! 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 Valley City, Utah
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