Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

Banks in West Valley City, Utah That Make SBA Loans

 

 
Loan Census SBA Loan Info

Entrepreneur Works With West Valley City, Utah Bank to Get an SBA Loan

A West Valley City, Utah small business loan can be yours. Learn how one firm got a $49,000 business loan from this Utah bank.

This loan to a local firm is a good example of an SBA loan. Zions First National Bank made the loan and the SBA guaranteed a portion of the loan. Many other Utah entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.

SBA Loan Borrower

COMPANY TYPE: HUMAN RESOURCES CONSULTING SERVICES
DRAPER, UT 84020

SBA Loan Lender

ZIONS FIRST NATIONAL BANK
2460 SOUTH 3270 WEST, SBA DEP
WEST VALLEY CITY, UT 84119

This loan for a small business 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

541612 - Human Resources Consulting Services

Loan Approval Date

8/13/2004

Loan Approval Gross Amount

$49,000

Loan Approval from the SBA

Of the total $49,000 loan amount, the SBA guaranteed $24,500.

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 4 employees. This SBA loan request did not indicate that the company planned to use the funding to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great source of funding.

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:

Strategic Investors

SBA Approved Banks in West Valley City, Utah

Utah SBA Banks