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November 23, 2024 |
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| Home > Small Business Lenders by State > Utah Business Loan Sources > Riverdale, Business Loans > America First Fcu Riverdale Business Loans > Support Activities For Rail Transportation Loan | ||||
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SBA Lender Utah
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Business Loan from America First Fcu Given to Support Activities For Rail Transportation CompanyAmerica First Fcu 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. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Cheyenne, Utah was able to borrow $46,500 from America First Fcu. The SBA made the loan possible by guaranteeing $23,250 of this Utah small business loan. SBA Loan Borrower COMPANY TYPE: SUPPORT ACTIVITIES FOR RAIL TRANSPORTATION SBA Loan Lender AMERICA FIRST FCU This SBA loan 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 488210 - Support Activities for Rail Transportation Loan Approval Date 5/26/2005 Loan Approval Gross Amount $46,500 Loan Approval from the SBA Of the total $46,500 loan amount, the SBA guaranteed $23,250. 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 3 employees. The SBA loan documents indicated that the loan would help generate 6 new jobs and retain 4 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. While you may be able to find business people willing to loan money, 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: Raising VC Money for Social Networking Companies Good Banks for Small Business in Riverdale, Utah
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