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May 12, 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 > Textile Product Mills Loan | ||||
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Best Banks That Lend to South Jordan Small Business Owners
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South Jordan, Utah Entrepreneur Gets a Bank LoanSearching for an Utah bank loan? This Utah entrepreneur got a bank loan, provided by an Utah bank that works with the SBA to help small business owners. By giving the right information to Mountain America Fcu, this South Jordan, Utah business was able to get an SBA loan. To get this loan, the entrepreneur gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back. SBA Loan Borrower COMPANY TYPE: TEXTILE PRODUCT MILLS SBA Loan Lender MOUNTAIN AMERICA FCU This business 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 314999 - Textile Product Mills Loan Approval Date 7/16/2004 Loan Approval Gross Amount $9,700 Loan Approval from the SBA Of the total $9,700 loan amount, the SBA guaranteed $4,850. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for 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 2 new jobs and retain 2 existing jobs. Getting an SBA Loan For Your Business SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. 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: Family and Friend Investors - Your First Financiers SBA 7A Banks for West Jordan, Utah Loans
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