Ogden, Utah Bank Lends Money to Specialty Trade Contractors Company in Layton, Utah
Thinking about meeting with an Ogden, Utah bank about a business loan? Here's one Utah business loan, issued by an Ogden bank, that was approved by the SBA.
Applying for an SBA loan with Bank Of Utah worked out well for our friends at one local firm in Layton, Utah. They got an SBA loan for $59,000. Way to go!
SBA Loan Borrower
COMPANY TYPE: SPECIALTY TRADE CONTRACTORS
LAYTON, UT 84041
SBA Loan Lender
BANK OF UTAH
2605 WASHINGTON BLVD
OGDEN, UT 84401
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
238990 - Specialty Trade Contractors
Loan Approval Date
9/13/2006
Loan Approval Gross Amount
$59,000
Loan Approval from the SBA
Of the total $59,000 loan amount, the SBA guaranteed $50,150.
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 no employees. The SBA loan application for the borrower indicated that the funding would help generate 1 new job.
Next Steps for Getting an SBA Loan
SBA loans provide money to small business owners for working capital for other expenses.
This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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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