Loan Census Banking News and Information
May 18, 2024  
 
 
  Business Loan Information  
 

Sandy, Utah SBA Lenders

 

 
Loan Census SBA Loan Info

Sandy, Utah Lender Lends Money to Commercial Screen Printing Company

Get small business loans from a Sandy, Utah bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

Bank Of American Fork is a Sandy, Utah small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to an Utah company.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL SCREEN PRINTING
OREM, UT 84057

SBA Loan Lender

BANK OF AMERICAN FORK
855 EAST 9400 SOUTH
SANDY, UT 84094

This lender issued this particular commercial loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

323113 - Commercial Screen Printing

Loan Approval Date

4/1/2002

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $85,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 7 employees. This SBA loan request did not indicate that the small business planned to use the money to increase staffing levels or retain any existing employees.

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.

This SBA loan was for $100,000. How would you spend $100,000 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:

The Friends and Family Network

Small Bank Loans in Sandy, Utah

Utah SBA 7A Banks