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November 21, 2024 |
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| Home > Small Business Lenders by State > Nevada Business Loan Sources > West Valley City, Business Loans > Zions First National Bank West Valley City Business Loans > Limited-Service Restaurants Loan | ||||
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Utah SBA 7A Lenders
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West Valley City, Utah Lender Lends Money to Limited-Service Restaurants CompanyThinking about meeting with a West Valley City, Utah bank about a business loan? Here's one Nevada business loan, issued by a West Valley City bank, that was approved by the SBA. Applying for an SBA loan with Zions First National Bank worked out well for our friends at one local company in North Las Vegas, Nevada. The business was able to get an SBA loan for $175,000. Sweet! SBA Loan Borrower COMPANY TYPE: LIMITED-SERVICE RESTAURANTS SBA Loan Lender ZIONS FIRST NATIONAL BANK 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 722211 - Limited-Service Restaurants Loan Approval Date 4/6/2001 Loan Approval Gross Amount $175,000 Loan Approval from the SBA Of the total $175,000 loan amount, the SBA guaranteed $131,250. 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 220 employees. The SBA loan application for the borrower indicated that the loan would help generate 9 new jobs and retain 220 existing jobs. Great, But How Can I Get an SBA Loan for My Business? The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $175,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: SBA 7A Banks for West Valley City, Utah Loans
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