Zions First National Bank Provides SBA Loan to Buy Post Net Franchise

Need money to invest in a Post Net franchise? Zions First National Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Eagle Mountain, Utah needed money to invest in a Post Net franchise back in 2004. Zions First National Bank issued an SBA franchise loan. Here are the details on this Utah small business loan.

SBA Loan Borrower

SARATOGA SPRINGS POSTNET
EAGLE MOUNTAIN, UT 84043

SBA Loan Lender

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

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541860 - Direct Mail Advertising

Loan Approval Date

5/10/2004

Loan Approval Gross Amount

$95,000

Loan Approval from the SBA

Of the total $95,000 loan amount, the SBA guaranteed $80,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Post Net franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 1 new job and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a business in Eagle Mountain UT, you ought to talk with a local Eagle Mountain SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Eagle Mountain businesses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Zions First National Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

PostNet Postal & Business Services

Obtaining Funding - Getting Venture Capital

Where to Get an SBA Loan in West Valley City, Utah

Utah SBA 7A Lenders