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December 18, 2024 |
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| Home > Small Business Lenders by State > Utah Business Loan Sources > Ogden, Business Loans > Bank Of Utah Ogden Business Loans > Advertising Agencies Loan | ||||
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Raising Money in Midvale, Utah With SBA Loans
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Advertising Agencies SBA LoansWith these SBA loans for advertising agencies, the SBA guarantees the lender that the loan will be repaid. This advertising agencies loan for $171,500 was given to an Utah entrepreneur in 2002. Getting a small business loan in Midvale, Utah was important for this small business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Bank Of Utah, operating out of Ogden, Utah. Here are the details on this Utah small business loan. SBA Loan Borrower COMPANY TYPE: ADVERTISING AGENCIES SBA Loan Lender BANK OF UTAH This lender provides SBA debt financing 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 541810 - Advertising Agencies Loan Approval Date 7/5/2002 Loan Approval Gross Amount $171,500 Loan Approval from the SBA Of the total $171,500 loan amount, the SBA guaranteed $128,625. 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 5 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 5 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide money to small business owners for working capital for other expenses. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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:
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