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May 2, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > West Valley City, Business Loans > Zions First National Bank West Valley City Business Loans > Sporting And Athletic Goods Manufacturing Loan | ||||
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Zions First National Bank
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Business Loan from Zions First National Bank Given to Sporting And Athletic Goods Manufacturing CompanyZions First National Bank has a track record as a leading provider of SBA loans. Find out how this California entrepreneur received an SBA loan from them. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Palm Desert, California was able to borrow $595,000 from Zions First National Bank. The SBA made the loan possible by guaranteeing $446,250 of this California small business loan. SBA Loan Borrower COMPANY TYPE: SPORTING AND ATHLETIC GOODS MANUFACTURING SBA Loan Lender ZIONS FIRST NATIONAL BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 339920 - Sporting and Athletic Goods Manufacturing Loan Approval Date 12/26/2001 Loan Approval Gross Amount $595,000 Loan Approval from the SBA Of the total $595,000 loan amount, the SBA guaranteed $446,250. 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 4 employees. The SBA loan documents indicated that the loan would help retain 4 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Although it's called an SBA loan, 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. We can help you find the best banks for small businesses in Palm Desert or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: SBA Approved Banks in West Valley City, Utah
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