Business Loan from America First Fcu Given to Landscaping Services Company
America First Fcu has a track record as a leading provider of SBA loans. Find out how this Utah entrepreneur received an SBA loan from them.
This business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with America First Fcu, out of Riverdale, Utah. The loan was granted and they received $20,000 to help grow their Holliday, Utah business.
SBA Loan Borrower
COMPANY TYPE: LANDSCAPING SERVICES
HOLLIDAY, UT 84121
SBA Loan Lender
AMERICA FIRST FCU
1344 WEST 4675 SOUTH
RIVERDALE, UT 84405
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
561730 - Landscaping Services
Loan Approval Date
3/12/2007
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 a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 4 employees. The loan application indicated that the loan would help generate 453 new jobs.
Great, But How Can I Get an SBA Loan for My Business?
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
This SBA loan was for $20,000. How would you spend $20,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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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