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December 18, 2024  
 
 
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SBA Lenders in Utah

 

 
Loan Census SBA Loan Info

Borrowing Money for Technical and Trade Schools

Looking for bank loans for technical and trade schools? An SBA loan may be just what you've been looking for. This $25,000 technical and trade schools loan was issued by an Utah bank.

This company received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with America First Fcu, out of Riverdale, Utah. The loan was granted and they received $25,000 to help grow their Farmington, Utah business.

SBA Loan Borrower

COMPANY TYPE: TECHNICAL AND TRADE SCHOOLS
FARMINGTON, UT 84025

SBA Loan Lender

AMERICA FIRST FCU
1344 WEST 4675 SOUTH
RIVERDALE, UT 84405

The lender provided this bank 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

611519 - Technical and Trade Schools

Loan Approval Date

8/5/2005

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

Great, But How Can I Get an SBA Loan for My Business?

Many small businesses receive loans backed by the U.S. Small Business Administration.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Dealing With Venture Capitalists

Banks in Riverdale, Utah

Utah SBA Banks