Formal Wear and Costume Rental Small Business Loans

Looking for small business loans for formal wear and costume rental? An SBA loan may be just what you've been looking for. This $40,000 formal wear and costume rental loan was issued by an Utah bank.

Getting a small business loan in Idaho Falls, Idaho was important for this growing firm back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Zions First National Bank, operating out of Salt Lake City, Utah. Here are the details on this Idaho small business loan.

SBA Loan Borrower

COMPANY TYPE: FORMAL WEAR AND COSTUME RENTAL
IDAHO FALLS, ID 83401

SBA Loan Lender

ZIONS FIRST NATIONAL BANK
1 S MAIN ST
SALT LAKE CITY, UT 84111

This lender processed this 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

532220 - Formal Wear and Costume Rental

Loan Approval Date

5/30/2007

Loan Approval Gross Amount

$40,000

Loan Approval from the SBA

Of the total $40,000 loan amount, the SBA guaranteed $20,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Zions First National Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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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