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May 15, 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 > Lindsey Hill Enterprises, LLC Loan | ||||
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Good Sources for Midvale SBA Loans
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Midvale, UT Entrepreneur Gets SBA Loan to Buy Cartridge World Stores FranchiseNeed money to buy a Cartridge World Stores franchise? Zions First National Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Midvale, Utah needed money to invest in a Cartridge World Stores franchise back in 2004. Zions First National Bank issued an SBA franchise loan. Here are the details on this Utah small business loan. SBA Loan Borrower LINDSEY HILL ENTERPRISES, LLC SBA Loan Lender ZIONS FIRST NATIONAL BANK This lender processed this SBA 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 325910 - Printing Ink Manufacturing Loan Approval Date 12/16/2004 Loan Approval Gross Amount $20,000 Loan Approval from the SBA Of the total $20,000 loan amount, the SBA guaranteed $10,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Cartridge World Stores franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the money to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. This SBA loan was for $20,000. How would you spend $20,000 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: Who Lends Money to Small Businesses in West Valley City, Utah Browse All Business Loan Sources for Utah
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