Loan Census Banking News and Information
May 13, 2024  
 
 
  Business Loan Information  
 

Utah Bank SBA Loans

 

 
Loan Census SBA Loan Info

Provo, Utah Business Gets SBA-Guaranteed Funding from Zions First National Bank

Zions First National Bank has a track record as a leading provider of SBA loans. Find out how this Utah entrepreneur received an SBA loan from them.

This growing company knew how to go about getting a business bank loan. Based in Provo, Utah, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was Zions First National Bank, based in West Valley City, Utah.

SBA Loan Borrower

COMPANY TYPE: MOTOR VEHICLE DEALERS
PROVO, UT 84601

SBA Loan Lender

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

This loan for a small business was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

SIC Code

5521 - Motor Vehicle Dealers

NAICS Code

441120 - Used Car Dealers

Loan Approval Date

5/22/2000

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 an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. This SBA loan request indicated that the loan would help retain 4 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Zions First National Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

A Company That Helps Entrepreneurs

SBA Banks in West Valley City, Utah

SBA Participating Banks in Utah