Loan Census Banking News and Information
December 22, 2024  
 
 
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Small Business Banks for Brigham City Small Businesses

 

 
Loan Census SBA Loan Info

Livestock Merchant Wholesalers Small Business Loans

With these small business loans for livestock merchant wholesalers, the SBA guarantees the lender that the loan will be repaid. This livestock merchant wholesalers loan for $10,000 was given to an Utah entrepreneur in 2007.

Getting a small business loan in Brigham City, Utah was important for this growing firm 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 Salt Lake City, Utah. Here are the details on this Utah small business loan.

SBA Loan Borrower

COMPANY TYPE: LIVESTOCK MERCHANT WHOLESALERS
BRIGHAM CITY, UT 84302

SBA Loan Lender

ZIONS FIRST NATIONAL BANK
1 S MAIN ST
SALT LAKE CITY, UT 84111

This lender processed this SBA small business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

424520 - Livestock Merchant Wholesalers

Loan Approval Date

8/6/2007

Loan Approval Gross Amount

$10,000

Loan Approval from the SBA

Of the total $10,000 loan amount, the SBA guaranteed $5,000.

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 6 employees. This SBA loan request indicated that the loan would help retain 6 existing jobs.

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

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

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 $10,000 loan. Remember, where there is a will, there is a way!

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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