Financing for Sign Manufacturing

With these loans for sign manufacturing, the SBA guarantees the lender that the loan will be repaid. This sign manufacturing loan for $306,235 was given to an Utah entrepreneur in 2001.

This small firm knew how to go about getting a business bank loan. Based in Cedar City, Utah, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was State Bank Of Southern Utah, based in Cedar City, Utah.

SBA Loan Borrower

COMPANY TYPE: SIGN MANUFACTURING
CEDAR CITY, UT 84720

SBA Loan Lender

STATE BANK OF SOUTHERN UTAH
377 N MAIN ST
CEDAR CITY, UT 84720

This bank loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending history and a deep knowledge SBA loan requirements.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

339950 - Sign Manufacturing

Loan Approval Date

7/16/2001

Loan Approval Gross Amount

$306,235

Loan Approval from the SBA

Of the total $306,235 loan amount, the SBA guaranteed $229,676.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 10 employees. The loan application did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

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

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. State Bank Of Southern Utah had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, State Bank Of Southern Utah made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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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