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May 9, 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 > Framing Contractors Loan | ||||
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Banks for Sandy, Utah Businesses
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Where to Get Capital for Framing ContractorsLooking for SBA loans for framing contractors? The SBA may be the answer. This $25,000 framing contractors loan was issued by an Utah bank. This small business knew how to go about getting a business bank loan. Based in Sandy, Utah, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Mountain America Fcu, based in West Jordan, Utah. SBA Loan Borrower COMPANY TYPE: FRAMING CONTRACTORS SBA Loan Lender MOUNTAIN AMERICA FCU The lender provided this commercial loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 238130 - Framing Contractors Loan Approval Date 6/6/2007 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. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 11 employees. This SBA loan request indicated that the loan would help retain 11 existing jobs. Great, But How Can I Get an SBA Loan for My Business? If you are raising money in Sandy UT, you ought to talk with a local Sandy SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Sandy businesses. This SBA loan was for $25,000. How would you spend $25,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Best West Jordan, Utah Banks for Small Business
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