Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

SBA Franchise Lenders in Utah

 

 
Loan Census SBA Loan Info

Borrow Money to Buy an Eaglerider Franchise

Need money to buy an Eaglerider franchise? America West Bank has a history of making these loans and they are guaranteed by the SBA.

Eaglerider franchise loans are available to Bountiful, Utah entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, America West Bank, based in Layton, Utah, issued an SBA franchise loan for an Eaglerider franchise in 2000. We've got all the details on this Utah small business loan.

SBA Loan Borrower

EAGLE RIDER
BOUNTIFUL, UT 84087

SBA Loan Lender

AMERICA WEST BANK
476 W HERITAGE PARK BLVD, STE
LAYTON, UT 84041

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7549 - Automotive Services

NAICS Code

532292 - Recreational Goods Rental

Loan Approval Date

12/29/2000

Loan Approval Gross Amount

$130,400

Loan Approval from the SBA

Of the total $130,400 loan amount, the SBA guaranteed $110,840.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an Eaglerider franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees.

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

SBA loans provide smart, affordable business financing for small businesses looking to expand.

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.

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