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April 27, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > Salt Lake City, Business Loans > Bank Of The West Salt Lake City Business Loans > Asphalt Paving Mixture And Block Manufacturing Loan | ||||
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Salt Lake City, Utah Bank for SBA Loans
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Salt Lake City, Utah Bank Gives SBA Loan to Asphalt Paving Mixture And Block Manufacturing CompanyA Salt Lake City, Utah SBA loan can be yours. Learn how one firm got a $312,800 business loan from this Utah bank. This loan to a local firm is a good example of an SBA loan. Bank Of The West made the loan and the SBA guaranteed a portion of the loan. Many other Colorado entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: ASPHALT PAVING MIXTURE AND BLOCK MANUFACTURING SBA Loan Lender BANK OF THE WEST This lender provides SBA bank 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 324121 - Asphalt Paving Mixture and Block Manufacturing Loan Approval Date 8/8/2003 Loan Approval Gross Amount $312,800 Loan Approval from the SBA Of the total $312,800 loan amount, the SBA guaranteed $234,600. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 10 employees. This SBA loan request indicated that the loan would help generate 10 new jobs and retain 10 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. 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 Bank Of The West 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: Raising VC Money for Social Networking Companies Small Bank Loans in Salt Lake City, Utah
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