Loan Census Banking News and Information
May 8, 2024  
 
 
  Business Loan Information  
 

Tooele, Utah Bank Loan

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Personal Care Services

With these loans for personal care services, the SBA guarantees the lender that the loan will be repaid. This personal care services loan for $649,600 was given to an Utah entrepreneur in 2000.

Getting a small business loan in Tooele, Utah was important for this growing firm back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Bank Of The West, operating out of Salt Lake City, Utah. Here are the details on this Utah small business loan.

SBA Loan Borrower

COMPANY TYPE: PERSONAL CARE SERVICES
TOOELE, UT 84074

SBA Loan Lender

BANK OF THE WEST
142 EAST 200 SOUTH
SALT LAKE CITY, UT 84111

This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812199 - Personal Care Services

Loan Approval Date

10/20/2000

Loan Approval Gross Amount

$649,600

Loan Approval from the SBA

Of the total $649,600 loan amount, the SBA guaranteed $487,200.

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 4 employees. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 4 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide money to small business owners for working capital for other expenses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $649,600 loan. Remember, if it to be, it is up to me!

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:

Business Credit Evaluation

Best Banks in Salt Lake City, Utah

SBA Lenders in Utah