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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 > Bottled And Canned Soft Drinks Loan | ||||
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Utah Bank SBA Loans
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Zions First National Bank SBA Loan to Bottled And Canned Soft Drinks CompanySearching for an Utah SBA loan? Here's one Utah business loan that was approved by the SBA. This small 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 $865,000 to help grow their Ogden, Utah business. SBA Loan Borrower COMPANY TYPE: BOTTLED AND CANNED SOFT DRINKS SBA Loan Lender ZIONS FIRST NATIONAL BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 2086 - Bottled and Canned Soft Drinks Loan Approval Date 3/28/2000 Loan Approval Gross Amount $865,000 Loan Approval from the SBA Of the total $865,000 loan amount, the SBA guaranteed $648,750. 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 10 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 12 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. This SBA loan was for $865,000. How would you spend $865,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Family and Friend Investors - Your First Financiers Good Banks for Small Business in West Valley City, Utah
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