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.
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Banks in Riverdale, Utah
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