Zions First National Bank SBA Loan to Amusement And Recreation Services Company
Want an Utah SBA loan? Here's one Utah business loan that was approved by the SBA.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Clearfield, Utah was able to borrow $157,500 from Zions First National Bank. The SBA made the loan possible by guaranteeing $118,125 of this Utah small business loan.
SBA Loan Borrower
COMPANY TYPE: AMUSEMENT AND RECREATION SERVICES
CLEARFIELD, UT 84015
SBA Loan Lender
ZIONS FIRST NATIONAL BANK
2460 SOUTH 3270 WEST, SBA DEP
WEST VALLEY CITY, UT 84119
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7999 - Amusement and Recreation Services
Loan Approval Date
3/28/2000
Loan Approval Gross Amount
$157,500
Loan Approval from the SBA
Of the total $157,500 loan amount, the SBA guaranteed $118,125.
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 50 employees. The loan application indicated that the loan would help generate 50 new jobs and retain 50 existing jobs.
Getting an SBA Loan For Your Business
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
We can help you find the best banks for small businesses in Clearfield or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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