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November 14, 2024 |
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| Home > Small Business Lenders by State > Idaho Business Loan Sources > West Valley City, Business Loans > Zions First National Bank West Valley City Business Loans > Personal Services Loan | ||||
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West Valley City Bank Loan
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West Valley City, Utah Bank Lends Money to Personal Services Company in Meridian, IdahoGet to know West Valley City, Utah banks that specialize in business loans and know how to work with entrepreneurs. Zions First National Bank is one such bank, as evidenced by this SBA loan to a growing company. Finding a small business loan in Meridian, Idaho starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from Zions First National Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: PERSONAL SERVICES SBA Loan Lender ZIONS FIRST NATIONAL BANK This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 812990 - Personal Services Loan Approval Date 6/27/2003 Loan Approval Gross Amount $10,000 Loan Approval from the SBA Of the total $10,000 loan amount, the SBA guaranteed $5,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 3 employees. This SBA loan request indicated that the loan would help retain 3 existing jobs. Getting an SBA Loan For Your Business SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Zions First National Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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. Related Links: Microlending as a Small Business Funding Source SBA 7A Banks in West Valley City, Utah
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