Business Loan from Bank Of Utah Given to On-Line Information Services Company

Bank Of Utah and the SBA work together to get business loans for growing small businesses. Here's an example of how an Utah entrepreneur was able to get a loan to take a small business to the next level.

Getting a small business loan in Brigham City, Utah was an essential business goal for this company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Bank Of Utah, operating out of Ogden, Utah. Here are the details on this Utah small business loan.

SBA Loan Borrower

COMPANY TYPE: ON-LINE INFORMATION SERVICES
BRIGHAM CITY, UT 84302

SBA Loan Lender

BANK OF UTAH
2605 WASHINGTON BLVD
OGDEN, UT 84401

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

514191 - On-Line Information Services

Loan Approval Date

7/19/2002

Loan Approval Gross Amount

$53,900

Loan Approval from the SBA

Of the total $53,900 loan amount, the SBA guaranteed $45,815.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Bank Of Utah and they will explain how you can get an SBA loan for your company.

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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