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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 > Printing Ink Manufacturing Loan | ||||
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Banks in West Valley City, Utah That Make SBA Loans
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West Valley City, Utah Bank Lends Money to Printing Ink Manufacturing Company in Midvale, UtahWant to talk with a West Valley City, Utah bank about a small business loan? Here's one Utah business loan, issued by a West Valley City bank, that was approved by the SBA. Applying for an SBA loan with Zions First National Bank worked out well for our friends at one local business in Midvale, Utah. The business was able to get an SBA loan for $206,500. Awesome! SBA Loan Borrower COMPANY TYPE: PRINTING INK MANUFACTURING SBA Loan Lender ZIONS FIRST NATIONAL BANK This lender provides SBA guaranteed business loans 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 325910 - Printing Ink Manufacturing Loan Approval Date 7/31/2006 Loan Approval Gross Amount $206,500 Loan Approval from the SBA Of the total $206,500 loan amount, the SBA guaranteed $154,875. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 5 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 8 existing jobs. Getting an SBA Loan For Your Business Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Obtaining Funding - Friends and Family Good Banks for Small Business in West Valley City, Utah
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