Logan, UT Entrepreneur Gets SBA Loan to Buy H20 Aquacare Franchise

Need a loan to buy a H20 Aquacare franchise? Zions First National Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Logan, Utah and are interested in buying a H20 Aquacare franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2003 by Zions First National Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

H2O AQUACARE OF LOGAN LLC
LOGAN, UT 84341

SBA Loan Lender

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

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

561740 - Carpet and Upholstery Cleaning Services

Loan Approval Date

6/12/2003

Loan Approval Gross Amount

$69,600

Loan Approval from the SBA

Of the total $69,600 loan amount, the SBA guaranteed $59,160.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a H20 Aquacare franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Zions First National Bank and they will explain how you can get an SBA loan for your company.

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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