Financing for Ornamental and Architectural Metal Work Manufacturing
With these loans for ornamental and architectural metal work manufacturing, the SBA guarantees the lender that the loan will be repaid. This ornamental and architectural metal work manufacturing loan for $46,100 was given to an Utah entrepreneur in 2007.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Glendale, Utah was able to borrow $46,100 from State Bank Of Southern Utah. The SBA made the loan possible by guaranteeing $23,050 of this Utah small business loan.
SBA Loan Borrower
COMPANY TYPE: ORNAMENTAL AND ARCHITECTURAL METAL WORK MANUFACTURING
GLENDALE, UT 84729
SBA Loan Lender
STATE BANK OF SOUTHERN UTAH
377 N MAIN ST
CEDAR CITY, UT 84720
This SBA loan 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
332323 - Ornamental and Architectural Metal Work Manufacturing
Loan Approval Date
3/12/2007
Loan Approval Gross Amount
$46,100
Loan Approval from the SBA
Of the total $46,100 loan amount, the SBA guaranteed $23,050.
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 only one employee. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 1 existing job.
Next Steps for Getting an SBA Loan
If you are working on finding money to start a business in Glendale UT, you ought to talk with a local Glendale SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Glendale businesses.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. State Bank Of Southern Utah had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, State Bank Of Southern Utah made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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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