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May 18, 2024 |
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| Home > Small Business Lenders by State > Utah Business Loan Sources > Sandy, Business Loans > Jordan Fcu Sandy Business Loans > Investment Advice Loan | ||||
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Examples of Midvale SBA Loans
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Investment Advice LoansLooking for loans for investment advice? Try the SBA. This $25,000 investment advice loan was issued by an Utah bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Midvale, Utah was able to borrow $25,000 from Jordan Fcu. The SBA made the loan possible by guaranteeing $12,500 of this Utah small business loan. SBA Loan Borrower COMPANY TYPE: INVESTMENT ADVICE SBA Loan Lender JORDAN FCU The lender provided this bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 523930 - Investment Advice Loan Approval Date 8/14/2007 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 a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help retain 1 existing job. Next Steps for Getting an SBA Loan SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Jordan Fcu and they will explain how you can get an SBA loan for your company. 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: How Much Venture Capital Is There? Good Banks for Small Business in Sandy, Utah
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