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November 21, 2024 |
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| Home > Small Business Lenders by State > Utah Business Loan Sources > West Valley City, Business Loans > Zions First National Bank West Valley City Business Loans > Boat Dealers Loan | ||||
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Business Loan from Zions First National Bank
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Business Loan from Zions First National Bank Given to Boat Dealers CompanyAn SBA loan from Zions First National Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Midvale, Utah business owner got a $150,000 loan. This business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Zions First National Bank, out of West Valley City, Utah. The loan was granted and they received $150,000 to help grow their Midvale, Utah business. SBA Loan Borrower COMPANY TYPE: BOAT DEALERS 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 441222 - Boat Dealers Loan Approval Date 10/16/2000 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $75,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 15 employees. This SBA loan request indicated that the loan would help retain 15 existing jobs. Start the Process for Getting an SBA Loan Today! If you are raising money in Midvale UT, you ought to talk with a local Midvale SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Midvale businesses. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $150,000 loan. Remember, things become real when you believe you can achieve them! 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 Bank Loans in West Valley City, Utah
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