Raising Money for Support Activities for Water Transportation

Looking for bank loans for support activities for water transportation? An SBA loan may be just what you've been looking for. This $69,800 support activities for water transportation loan was issued by an Utah bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Lapoint, Utah was able to borrow $69,800 from Zions First National Bank. The SBA made the loan possible by guaranteeing $59,330 of this Utah small business loan.

SBA Loan Borrower

COMPANY TYPE: SUPPORT ACTIVITIES FOR WATER TRANSPORTATION
LAPOINT, UT 84039

SBA Loan Lender

ZIONS FIRST NATIONAL BANK
2460 SOUTH 3270 WEST, SBA DEP
WEST VALLEY CITY, UT 84119

This lender issued this SBA bank loan under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

488390 - Support Activities for Water Transportation

Loan Approval Date

6/30/2005

Loan Approval Gross Amount

$69,800

Loan Approval from the SBA

Of the total $69,800 loan amount, the SBA guaranteed $59,330.

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 only one employee. This SBA loan request indicated that the loan would help retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

We can help you find the best banks for small businesses in Lapoint or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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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