Loan Census Banking News and Information
December 18, 2024  
 
 
  Business Loan Information  
 

SBA Lender Utah

 

 
Loan Census SBA Loan Info

Goldenwest Fcu SBA Loan to Personal Services Company

Goldenwest Fcu has a track record as a leading provider of SBA loans. Find out how this Utah entrepreneur received an SBA loan from them.

This small firm knew how to go about getting a business bank loan. Based in Clearfield, Utah, they applied for and received an SBA-guaranteed loan in 2006. The lending bank was Goldenwest Fcu, based in Ogden, Utah.

SBA Loan Borrower

COMPANY TYPE: PERSONAL SERVICES
CLEARFIELD, UT 84015

SBA Loan Lender

GOLDENWEST FCU
5025 ADAMS AVE
OGDEN, UT 84403

The lender provided this loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

812990 - Personal Services

Loan Approval Date

8/22/2006

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 a new business. This loan was not for a franchise. At the time of the loan, the company had 5 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 5 existing jobs.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Obtaining Funding From a Venture Capitalist

Who Lends Money to Small Businesses in Ogden, Utah

Utah SBA Bank Lenders