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May 11, 2024 |
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| Home > Small Business Lenders by State > Utah Business Loan Sources > West Jordan, Business Loans > Mountain America Fcu West Jordan Business Loans > Investment Advice Loan | ||||
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Business Loans for Provo Small Business Owners
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Investment Advice SBA LoansLooking for SBA loans for investment advice? Try the SBA. This $35,000 investment advice loan was issued by an Utah bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Provo, Utah was able to borrow $35,000 from Mountain America Fcu. The SBA made the loan possible by guaranteeing $17,500 of this Utah small business loan. SBA Loan Borrower COMPANY TYPE: INVESTMENT ADVICE SBA Loan Lender MOUNTAIN AMERICA FCU This lender processed this debt financing under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. 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 523930 - Investment Advice Loan Approval Date 9/21/2006 Loan Approval Gross Amount $35,000 Loan Approval from the SBA Of the total $35,000 loan amount, the SBA guaranteed $17,500. More Information on This SBA Loan The borrower borrowed this money for an existing 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. The loan application indicated that the loan would help retain 1 existing job. Next Steps for Getting an SBA Loan SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $35,000 loan. Remember, fight for what you want, and it will be yours! 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: Find an SBA Lender in West Jordan, Utah
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