Loan Census Banking News and Information
December 18, 2024  
 
 
  Business Loan Information  
 

State Bank Of Southern Utah Ivins, Utah

 

 
Loan Census SBA Loan Info

State Bank Of Southern Utah SBA Loan to Commercial Printing Company

State Bank Of Southern Utah has a track record as a leading provider of SBA loans. Find out how this Utah entrepreneur received an SBA loan from them.

This small firm knew how to go about getting a business bank loan. Based in Ivins, Utah, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was State Bank Of Southern Utah, based in Saint George, Utah.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL PRINTING
IVINS, UT 84738

SBA Loan Lender

STATE BANK OF SOUTHERN UTAH
395 E ST GEORGE BLVD
SAINT GEORGE, UT 84771

This lender issued this particular commercial loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2759 - Commercial Printing

Loan Approval Date

4/6/2000

Loan Approval Gross Amount

$85,000

Loan Approval from the SBA

Of the total $85,000 loan amount, the SBA guaranteed $68,000.

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 6 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

This SBA loan was for $85,000. How would you spend $85,000 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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