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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 > Software Publishers Loan | ||||
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Advice for Business Owners On Getting a Loan
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Business Loans for Software PublishersLooking for business loans for software publishers? Try the SBA. This $25,000 software publishers loan was issued by an Utah bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in South Jordan, Utah was able to borrow $25,000 from Mountain America Fcu. The SBA made the loan possible by guaranteeing $12,500 of this Utah small business loan. SBA Loan Borrower COMPANY TYPE: SOFTWARE PUBLISHERS SBA Loan Lender MOUNTAIN AMERICA FCU The lender provided this bank 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 511210 - Software Publishers Loan Approval Date 8/20/2007 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 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 3 employees. The loan application indicated that the loan would help retain 3 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. We can help you find the best banks for small businesses in South Jordan 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: SBA 7A Banks in West Jordan, Utah
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