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April 27, 2024 |
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| Home > Small Business Lenders by State > Nevada Business Loan Sources > West Jordan, Business Loans > Mountain America Fcu West Jordan Business Loans > Legal Services Loan | ||||
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Advice for Small Businesses On Getting a Loan
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Where to Get Capital for Legal ServicesLooking for SBA loans for legal services? Talk to a banker who works with the SBA. This $25,000 legal services loan was issued by an Utah bank. This small business knew how to go about getting a business bank loan. Based in Pahrump, Nevada, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Mountain America Fcu, based in West Jordan, Utah. SBA Loan Borrower COMPANY TYPE: LEGAL SERVICES SBA Loan Lender MOUNTAIN AMERICA FCU The lender provided this SBA bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 541199 - Legal Services Loan Approval Date 1/7/2005 Loan Approval Gross Amount $25,000 Loan Approval from the SBA Of the total $25,000 loan amount, the SBA guaranteed $12,500. 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 only one employee. This SBA loan request indicated that the loan would help retain 1 existing job. Getting an SBA Loan For Your Business For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Mountain America Fcu so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Dealing With Venture Capitalists Find an SBA Lender in West Jordan, Utah
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