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May 19, 2024 |
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| Home > Small Business Lenders by State > Utah Business Loan Sources > Tooele, Business Loans > Tooele Fcu Tooele Business Loans > Amusement And Recreation Industries Loan | ||||
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SBA Loans from Tooele Fcu
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Tooele Fcu SBA Loan to Amusement And Recreation Industries CompanyAn SBA loan from Tooele Fcu typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Tooele, Utah business owner got a $35,000 loan. This growing company received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Tooele Fcu, out of Tooele, Utah. The loan was granted and they received $35,000 to help grow their Tooele, Utah business. SBA Loan Borrower COMPANY TYPE: AMUSEMENT AND RECREATION INDUSTRIES SBA Loan Lender TOOELE FCU The lender provided this 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 713990 - Amusement and Recreation Industries Loan Approval Date 11/28/2007 Loan Approval Gross Amount $35,000 Loan Approval from the SBA Of the total $35,000 loan amount, the SBA guaranteed $17,500. 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 12 employees. The SBA loan documents indicated that the loan would help retain 12 existing jobs. Great, But How Can I Get an SBA Loan for My Business? The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: Advice on Getting a Small Business Loan
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