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December 25, 2024 |
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| Home > Small Business Lenders by State > Nevada Business Loan Sources > West Jordan, Business Loans > Mountain America Fcu West Jordan Business Loans > Construction Sand And Gravel Mining Loan | ||||
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Who Lends Money to Bunkerville Small Businesses
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Company Gets a Nevada Business LoanSBA loans in Nevada are hard to find these days. We take a look at one Nevada SBA loan, provided by an Utah bank, that was approved by the SBA. This business, based in Bunkerville, Nevada, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Mountain America Fcu. We've got the inside scoop on this Nevada small business loan. SBA Loan Borrower COMPANY TYPE: CONSTRUCTION SAND AND GRAVEL MINING SBA Loan Lender MOUNTAIN AMERICA FCU 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 212321 - Construction Sand and Gravel Mining Loan Approval Date 5/4/2007 Loan Approval Gross Amount $25,000 Loan Approval from the SBA Of the total $25,000 loan amount, the SBA guaranteed $12,500. 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 10 employees. The SBA loan documents indicated that the loan would help retain 10 existing jobs. Next Steps for Getting an SBA Loan SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. 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 $25,000 loan. Remember, anyone can do it... so why not you? 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:
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