Getting an SBA Loan for Roofing Contractors
With these SBA loans for roofing contractors, the SBA guarantees the lender that the loan will be repaid. This roofing contractors loan for $50,000 was given to an Idaho entrepreneur in 2007.
Getting a small business loan in Boise, Idaho was important for this business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Zions First National Bank, operating out of West Valley City, Utah. Here are the details on this Idaho small business loan.
SBA Loan Borrower
COMPANY TYPE: ROOFING CONTRACTORS
BOISE, ID 83714
SBA Loan Lender
ZIONS FIRST NATIONAL BANK
2460 SOUTH 3270 WEST, SBA DEP
WEST VALLEY CITY, UT 84119
The lender provided this commercial 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
238160 - Roofing Contractors
Loan Approval Date
8/3/2007
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 17 employees. The SBA loan application for the borrower indicated that the loan would help retain 17 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
This SBA loan was for $50,000. How would you spend $50,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Strategic Investors
Small Business Banks in West Valley City, Utah
Browse All Business Loan Sources for Utah