How to Get a Loan for Heating Equipment Manufacturing
Looking for business loans for heating equipment manufacturing? The SBA may be the answer. This $150,000 heating equipment manufacturing loan was issued by an Utah bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Eden, Utah was able to borrow $150,000 from Zions First National Bank. The SBA made the loan possible by guaranteeing $75,000 of this Utah small business loan.
SBA Loan Borrower
COMPANY TYPE: HEATING EQUIPMENT MANUFACTURING
EDEN, UT 84310
SBA Loan Lender
ZIONS FIRST NATIONAL BANK
1 S MAIN ST
SALT LAKE CITY, UT 84111
This lender processed this business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
333414 - Heating Equipment Manufacturing
Loan Approval Date
8/15/2007
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $75,000.
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 13 employees. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 9 existing jobs.
Getting an SBA Loan For Your Business
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
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:
Business Incubators
Small Bank Loans in Salt Lake City, Utah
Find an SBA Lender in Utah