Utah Entrepreneur Secures Financing to Buy Sign-A-Rama Franchise

Need money to buy a Sign-A-Rama franchise? First Utah Bank has a history of making these loans and they are guaranteed by the SBA.

Sign-A-Rama franchise loans are available to Midvale, Utah entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First Utah Bank, based in Salt Lake City, Utah, issued an SBA franchise loan for a Sign-A-Rama franchise in 2003. We've got all the details on this Utah small business loan.

SBA Loan Borrower

SIGN WORLD INC
MIDVALE, UT 84047

SBA Loan Lender

FIRST UTAH BANK
3826 S 2300 EAST
SALT LAKE CITY, UT 84109

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

339950 - Sign Manufacturing

Loan Approval Date

7/21/2003

Loan Approval Gross Amount

$178,000

Loan Approval from the SBA

Of the total $178,000 loan amount, the SBA guaranteed $133,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Sign-A-Rama franchise. At the time of the loan, the company had 6 employees. The loan application indicated that the loan would help retain 6 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:

SIGN*A*RAMA

Famous Venture Capitalists

Best Banks in Salt Lake City, Utah

Find an SBA Lender in Utah