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November 21, 2024  
 
 
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We Needed an SBA Loan in Lindon, Utah and We Got One!

 

 
Loan Census SBA Loan Info

How to Get a Loan for Recreational Vehicle Dealers

Looking for SBA loans for recreational vehicle dealers? Try the SBA. This $240,000 recreational vehicle dealers loan was issued by an Utah bank.

This business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Zions First National Bank, out of West Valley City, Utah. The loan was granted and they received $240,000 to help grow their Lindon, Utah business.

SBA Loan Borrower

COMPANY TYPE: RECREATIONAL VEHICLE DEALERS
LINDON, UT 84042

SBA Loan Lender

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

This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

441210 - Recreational Vehicle Dealers

Loan Approval Date

11/27/2002

Loan Approval Gross Amount

$240,000

Loan Approval from the SBA

Of the total $240,000 loan amount, the SBA guaranteed $180,000.

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 4 employees. The loan application indicated that the loan would help create 4 new jobs.

Next Steps for Getting an SBA Loan

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

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Zions First National Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

Small Business Credit Cards

SBA 7A Lenders in West Valley City, Utah

SBA Utah Banks