Small Business Loans for Custom Architectural Woodwork and Millwork Manufacturing

With these small business loans for custom architectural woodwork and millwork manufacturing, the SBA guarantees the lender that the loan will be repaid. This custom architectural woodwork and millwork manufacturing loan for $47,000 was given to an Utah entrepreneur in 2005.

This company knew how to go about getting a business bank loan. Based in Layton, Utah, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Bank Of Utah, based in Ogden, Utah.

SBA Loan Borrower

COMPANY TYPE: CUSTOM ARCHITECTURAL WOODWORK AND MILLWORK MANUFACTURING
LAYTON, UT 84041

SBA Loan Lender

BANK OF UTAH
2605 WASHINGTON BLVD
OGDEN, UT 84401

This lender processed this SBA bank 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

337212 - Custom Architectural Woodwork and Millwork Manufacturing

Loan Approval Date

3/25/2005

Loan Approval Gross Amount

$47,000

Loan Approval from the SBA

Of the total $47,000 loan amount, the SBA guaranteed $23,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 12 employees. The SBA loan documents indicated that the loan would help retain 12 existing jobs.

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

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Bank Of Utah had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Bank Of Utah made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Startup Funding Tip

Small Business Banks in Ogden, Utah

Getting a Business Loan in Utah