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November 21, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > West Valley City, Business Loans > Zions First National Bank West Valley City Business Loans > Gasoline Stations With Convenience Stores Loan | ||||
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Zions First National Bank
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Business Loan from Zions First National Bank Given to Gasoline Stations With Convenience Stores CompanyZions First National Bank and the SBA work together to get business loans for growing small businesses. Here's an example of how a California entrepreneur was able to get a loan to take a small business to the next level. This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Zions First National Bank, out of West Valley City, Utah. The loan was granted and they received $817,000 to help grow their Coachella, California business. SBA Loan Borrower COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES SBA Loan Lender ZIONS FIRST NATIONAL BANK 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. NAICS Code 447110 - Gasoline Stations with Convenience Stores Loan Approval Date 5/18/2001 Loan Approval Gross Amount $817,000 Loan Approval from the SBA Of the total $817,000 loan amount, the SBA guaranteed $612,750. 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 13 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 13 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide smart, affordable business financing for small businesses looking to expand. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Zions First National Bank and they will explain how you can get an SBA loan for your company. 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: SBA 7A Banks for West Valley City, Utah Loans
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