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November 14, 2024 |
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| Home > Small Business Lenders by State > Utah Business Loan Sources > Saint George, Business Loans > Sunfirst Bank Saint George Business Loans > Cutting Edge Investments LLC Loan | ||||
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Business Loans for Centerville Businesses
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Centerville, UT Entrepreneur Gets SBA Loan to Buy Fantastic Sam's FranchiseNeed a loan to invest in a Fantastic Sam's franchise? Sunfirst Bank has a history of making these loans and they are guaranteed by the SBA. If you live near Centerville, Utah and are interested in buying a Fantastic Sam's franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2005 by Sunfirst Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower CUTTING EDGE INVESTMENTS LLC SBA Loan Lender SUNFIRST BANK This debt financing was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. 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 812112 - Beauty Salons Loan Approval Date 11/29/2005 Loan Approval Gross Amount $75,000 Loan Approval from the SBA Of the total $75,000 loan amount, the SBA guaranteed $37,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Fantastic Sam's franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the borrowed money would help create 7 new jobs. Getting an SBA Loan For Your Business If you need money to start a business or need money to grow a business, an SBA loan can be a great way to raise money While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: Best Banks for Small Business in Saint George, Utah
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