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December 22, 2024  
 
 
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West Valley City Lenders

 

 
Loan Census SBA Loan Info

West Valley City, Utah Bank Gives SBA Loan to Dentists Company

Thinking about meeting with a West Valley City, Utah bank about an SBA loan? Here's one Utah business loan, issued by a West Valley City bank, that was approved by the SBA.

Applying for an SBA loan with Zions First National Bank worked out well for our friends at one local company in Brigham City, Utah. They got an SBA loan for $264,000. Nice!

SBA Loan Borrower

COMPANY TYPE: DENTISTS
BRIGHAM CITY, UT 84302

SBA Loan Lender

ZIONS FIRST NATIONAL BANK
2460 SOUTH 3270 WEST, SBA DEP
WEST VALLEY CITY, UT 84119

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621210 - Dentists

Loan Approval Date

8/6/2004

Loan Approval Gross Amount

$264,000

Loan Approval from the SBA

Of the total $264,000 loan amount, the SBA guaranteed $198,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 7 employees. The SBA loan documents did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you need business start up money in Brigham City UT, you ought to talk with a local Brigham City SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Brigham City businesses.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Zions First National Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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:

Obtaining Funding - Getting Venture Capital

SBA Approved Banks in West Valley City, Utah

Utah SBA 7A Lenders