Loan Census Banking News and Information
March 29, 2024  
 
 
  Business Loan Information  
 

SBA Lenders for Provo, Utah Small Business Owners

 

 
Loan Census SBA Loan Info

SBA Loans for Media Representatives

Looking for SBA loans for media representatives? Try the SBA. This $865,100 media representatives loan was issued by an Arizona bank.

Getting a small business loan in Provo, Utah was important for this small business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Wells Fargo Bank, operating out of Phoenix, Arizona. Here are the details on this Utah small business loan.

SBA Loan Borrower

COMPANY TYPE: MEDIA REPRESENTATIVES
PROVO, UT 84604

SBA Loan Lender

WELLS FARGO BANK
100 W WASHINGTON ST
PHOENIX, AZ 85003

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

541840 - Media Representatives

Loan Approval Date

8/22/2003

Loan Approval Gross Amount

$865,100

Loan Approval from the SBA

Of the total $865,100 loan amount, the SBA guaranteed $648,825.

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 95 employees. This SBA loan request indicated that the loan would help generate 120 new jobs and retain 95 existing jobs.

Next Steps for Getting an SBA Loan

If you need money to start business in Provo UT, you ought to talk with a local Provo SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Provo businesses.

We can help you find the best banks for small businesses in Provo 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:

Banking Deregulation's Effects on Entrepreneurship

Where to Get an SBA Loan in Phoenix, Arizona

Arizona SBA Banks