Utah Entrepreneur Secures Financing to Buy Edo Japan Franchise
Borrowing money to invest in an Edo Japan franchise? Zions First National Bank has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy an Edo Japan franchise? If so, here's a 2005 SBA franchise loan that you should know about. Zions First National Bank was the lender and the entrepreneur was based in Salt Lake City, Utah.
SBA Loan Borrower
R & C STORMS AND ASSOCIATES, I
SALT LAKE CITY, UT 84101
SBA Loan Lender
ZIONS FIRST NATIONAL BANK
2460 SOUTH 3270 WEST, SBA DEP
WEST VALLEY CITY, UT 84119
This loan 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.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
6/15/2005
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy an Edo Japan franchise. At the time of the loan, the company
had 8 employees. The SBA loan documents indicated that the loan would help retain 8 existing jobs.
Next Steps for Getting an SBA Loan
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
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:
Edo Japan
504 Loans
SBA 7A Banks for West Valley City, Utah Loans
Getting an SBA Loan in Utah