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May 17, 2024 |
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| Home > Small Business Lenders by State > Utah Business Loan Sources > Ogden, Business Loans > Bank Of Utah Ogden Business Loans > Commercial And Institutional Building Construction Loan | ||||
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How to Get SBA Money in Mountain Green, Utah
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Utah Bank Loan Issued to Commercial And Institutional Building Construction CompanySmall business loans in Utah are hard to find these days. We take a look at one Utah small business loan, provided by an Utah bank, that was approved by the SBA. You can learn something about getting a small business loan in Mountain Green, Utah by studying this loan to a local company, made back in 2002. Banks like Bank Of Utah may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: COMMERCIAL AND INSTITUTIONAL BUILDING CONSTRUCTION SBA Loan Lender BANK OF UTAH 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 233320 - Commercial and Institutional Building Construction Loan Approval Date 6/20/2002 Loan Approval Gross Amount $54,600 Loan Approval from the SBA Of the total $54,600 loan amount, the SBA guaranteed $46,410. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 14 employees. This SBA loan request indicated that the loan would help retain 14 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. 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 Utah 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:
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