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December 18, 2024 |
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| Home > Small Business Lenders by State > Utah Business Loan Sources > Salt Lake City, Business Loans > First Utah Bank Salt Lake City Business Loans > Optometrists Loan | ||||
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Utah SBA 7A Lenders
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Salt Lake City, Utah Bank Lends Money to Optometrists Company in Kaysville, UtahWant to talk with a Salt Lake City, Utah bank about an SBA loan? Here's one Utah business loan, issued by a Salt Lake City bank, that was approved by the SBA. Applying for an SBA loan with First Utah Bank worked out well for our friends at one local company in Kaysville, Utah. They received an SBA loan for $25,000. Nice! SBA Loan Borrower COMPANY TYPE: OPTOMETRISTS SBA Loan Lender FIRST UTAH BANK This lender processed this SBA 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 621320 - Optometrists Loan Approval Date 6/19/2006 Loan Approval Gross Amount $25,000 Loan Approval from the SBA Of the total $25,000 loan amount, the SBA guaranteed $12,500. 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 only one employee. The loan application indicated that the loan would help generate 3 new jobs and retain 1 existing job. Great, But How Can I Get an SBA Loan for My Business? The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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. Related Links:
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