Commercial Loans for Roofing Contractors

With these commercial loans for roofing contractors, the SBA guarantees the lender that the loan will be repaid. This roofing contractors loan for $50,000 was given to an Utah entrepreneur in 2007.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Hooper, Utah was able to borrow $50,000 from America West Bank. The SBA made the loan possible by guaranteeing $25,000 of this Utah small business loan.

SBA Loan Borrower

COMPANY TYPE: ROOFING CONTRACTORS
HOOPER, UT 84315

SBA Loan Lender

AMERICA WEST BANK
476 W HERITAGE PARK BLVD, STE
LAYTON, UT 84041

This lender processed this SBA small business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

238160 - Roofing Contractors

Loan Approval Date

3/8/2007

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 10 employees. The loan application indicated that the loan would help retain 10 existing jobs.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a company in Hooper UT, you ought to talk with a local Hooper SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Hooper businesses.

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 America West Bank 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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