Borrowing Money for Flooring Contractors

With these small business loans for flooring contractors, the SBA guarantees the lender that the loan will be repaid. This flooring contractors loan for $20,000 was given to an Utah entrepreneur in 2005.

This small firm knew how to go about getting a business bank loan. Based in Grantsville, Utah, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Tooele Fcu, based in Tooele, Utah.

SBA Loan Borrower

COMPANY TYPE: FLOORING CONTRACTORS
GRANTSVILLE, UT 84029

SBA Loan Lender

TOOELE FCU
562 N MAIN ST
TOOELE, UT 84074

This SBA small business 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

238330 - Flooring Contractors

Loan Approval Date

3/28/2005

Loan Approval Gross Amount

$20,000

Loan Approval from the SBA

Of the total $20,000 loan amount, the SBA guaranteed $10,000.

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 5 employees. This SBA loan request indicated that the loan would help retain 5 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you need money to start a business or need money for an existing business, an SBA loan can be a great funding source

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Tooele Fcu and they will explain how you can get an SBA loan for your company.

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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