Utah SBA Loan Issued to Prefabricated Wood Buildings And Components Company
Looking to get an Utah bank loan? This Utah entrepreneur got a bank loan, provided by an Utah bank that works with the SBA to help small business owners.
By giving the right information to Bank Of The West, this Heber City, Utah business was able to get an SBA loan. To get this loan, the entrepreneur gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back.
SBA Loan Borrower
COMPANY TYPE: PREFABRICATED WOOD BUILDINGS AND COMPONENTS
HEBER CITY, UT 84032
SBA Loan Lender
BANK OF THE WEST
142 EAST 200 SOUTH
SALT LAKE CITY, UT 84111
This business loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending history and a thorough understanding of SBA lending rules and regulations.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
2452 - Prefabricated Wood Buildings and Components
NAICS Code
321992 - Prefabricated Wood Building Manufacturing
Loan Approval Date
6/2/2000
Loan Approval Gross Amount
$460,000
Loan Approval from the SBA
Of the total $460,000 loan amount, the SBA guaranteed $345,000.
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 10 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the money to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
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.
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