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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 > Software Publishers Loan | ||||
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How to Get SBA Loans in Salt Lake City, Utah
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Small Business Loans for Software PublishersLooking for small business loans for software publishers? The SBA may be the answer. This $9,000 software publishers loan was issued by an Utah bank. This company received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Mountain America Fcu, out of West Jordan, Utah. The loan was granted and they received $9,000 to help grow their Salt Lake City, Utah business. SBA Loan Borrower COMPANY TYPE: SOFTWARE PUBLISHERS SBA Loan Lender MOUNTAIN AMERICA FCU This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 511210 - Software Publishers Loan Approval Date 6/13/2003 Loan Approval Gross Amount $9,000 Loan Approval from the SBA Of the total $9,000 loan amount, the SBA guaranteed $4,500. More Information on This SBA Loan The borrower borrowed this money for a new 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 SBA loan documents indicated that the loan would help generate 1 new job and retain 1 existing job. Getting an SBA Loan For Your Business The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Mountain America Fcu 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: Family and Friend Investors - Your First Financiers Find an SBA Lender in West Jordan, Utah
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