 |
 |
May 13, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Utah Business Loan Sources > Saint George, Business Loans > Sunfirst Bank Saint George Business Loans > Hunsaker Blimpie, Inc. Loan | ||||
 |
||||
St. George, Utah Bank for SBA Loans
|
||||
 |
Borrow Money to Buy a Blimpie FranchiseNeed a loan to purchase a Blimpie franchise? Sunfirst Bank has a history of making these loans and they are guaranteed by the SBA. If you live near St. George, Utah and are interested in buying a Blimpie franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2001 by Sunfirst Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower HUNSAKER BLIMPIE, INC. SBA Loan Lender SUNFIRST BANK This was a Low Documentation SBA loan. The SBA launched this program to minimize the paperwork associated with borrowing money. The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 9/20/2001 Loan Approval Gross Amount $75,000 Loan Approval from the SBA Of the total $75,000 loan amount, the SBA guaranteed $63,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Blimpie franchise. At the time of the loan, the company had 6 employees. The loan application did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? If you are wondering how to raise money for a business in St. George UT, you ought to talk with a local St. George SBA lender or talk with an out-of-area SBA lender that has previously loaned money to St. George businesses. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Microlending as a Small Business Funding Source SBA 7A Lenders in Saint George, Utah
|
|
||
|
||||
|
|
||||