Loan Census Banking News and Information
May 12, 2024  
 
 
  Business Loan Information  
 

Utah Bank SBA Loans

 

 
Loan Census SBA Loan Info

Sunfirst Bank SBA Loan to No Industry Type Specified Company

Looking to get an Utah SBA loan? Here's one Utah business loan that was approved by the SBA.

This up and coming company knew how to go about getting a business bank loan. Based in Veyo, Utah, they applied for and were given an SBA-guaranteed loan in 2004. The lending bank was Sunfirst Bank, based in Saint George, Utah.

SBA Loan Borrower

COMPANY TYPE: NO INDUSTRY TYPE SPECIFIED
VEYO, UT 84782

SBA Loan Lender

SUNFIRST BANK
120 E ST. GEORGE BLVD
SAINT GEORGE, UT 84770

The lender provided this SBA 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

421320 -

Loan Approval Date

3/16/2004

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $125,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 25 employees. This SBA loan request indicated that the loan would help retain 25 existing jobs.

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

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

We've showcased information on this loan to let you know that businesses like yours 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:

Famous Venture Capitalists

Who Lends Money to Small Businesses in Saint George, Utah

SBA Utah Lenders