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March 29, 2024  
 
 
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SBA Franchise Financing Lender Provo Utah

 

 
Loan Census SBA Loan Info

Provo, UT Entrepreneur Gets SBA Loan to Buy Signs By Tomorrow Franchise

Need a loan to buy a Signs By Tomorrow franchise? Zions First National Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Provo, Utah needed money to invest in a Signs By Tomorrow franchise back in 2004. Zions First National Bank issued an SBA franchise loan. Here are the details on this Utah small business loan.

SBA Loan Borrower

ATTAWAY SIGN DESIGN, INC. DBA
PROVO, UT 84604

SBA Loan Lender

ZIONS FIRST NATIONAL BANK
2460 SOUTH 3270 WEST, SBA DEP
WEST VALLEY CITY, UT 84119

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

339950 - Sign Manufacturing

Loan Approval Date

12/8/2004

Loan Approval Gross Amount

$134,000

Loan Approval from the SBA

Of the total $134,000 loan amount, the SBA guaranteed $113,900.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Signs By Tomorrow franchise. At the time of the loan, the company had 2 employees. The loan application did not indicate that the company promised to use the money to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you are wondering how to find money to start a business or already have a business and need money to expand, an SBA loan can be a great way to raise money

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 Zions First National Bank 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:

Signs By Tomorrow

Obtaining Funding - How to Borrow Money

SBA Participating Banks in West Valley City, Utah

Getting an SBA Loan in Utah