Business Loans for Wood Kitchen Cabinet and Countertop Manufacturing
With these business loans for wood kitchen cabinet and countertop manufacturing, the SBA guarantees the lender that the loan will be repaid. This wood kitchen cabinet and countertop manufacturing loan for $138,000 was given to an Utah entrepreneur in 2001.
Getting a small business loan in Murray, Utah was important for this small business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from 1st National Bank - Layton, operating out of Layton, Utah. Here are the details on this Utah small business loan.
SBA Loan Borrower
COMPANY TYPE: WOOD KITCHEN CABINET AND COUNTERTOP MANUFACTURING
MURRAY, UT 84107
SBA Loan Lender
1ST NATIONAL BANK - LAYTON
12 S MAIN ST
LAYTON, UT 84041
This lender provides SBA loans 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
337110 - Wood Kitchen Cabinet and Countertop Manufacturing
Loan Approval Date
9/4/2001
Loan Approval Gross Amount
$138,000
Loan Approval from the SBA
Of the total $138,000 loan amount, the SBA guaranteed $103,500.
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 28 employees. This SBA loan request indicated that the loan would help generate 10 new jobs and retain 28 existing jobs.
Start the Process for Getting an SBA Loan Today!
Many small businesses receive loans backed by the U.S. Small Business Administration.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. 1st National Bank - Layton had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, 1st National Bank - Layton made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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:
Obtaining Funding - Getting Venture Capital
Find an SBA Lender in Layton, Utah
Utah SBA 7A Lenders