Loan Census Banking News and Information
December 18, 2024  
 
 
  Business Loan Information  
 

SBA 7A Banks in Utah

 

 
Loan Census SBA Loan Info

Loans for Furniture Stores

Looking for loans for furniture stores? The SBA may be the answer. This $544,500 furniture stores loan was issued by an Utah bank.

This company received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Bank Of Utah, out of Ogden, Utah. The loan was granted and they received $544,500 to help grow their Ogden, Utah business.

SBA Loan Borrower

COMPANY TYPE: FURNITURE STORES
OGDEN, UT 84401

SBA Loan Lender

BANK OF UTAH
2605 WASHINGTON BLVD
OGDEN, UT 84401

This lender provides SBA bank 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

442110 - Furniture Stores

Loan Approval Date

1/17/2007

Loan Approval Gross Amount

$544,500

Loan Approval from the SBA

Of the total $544,500 loan amount, the SBA guaranteed $408,375.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 3 existing jobs.

Next Steps for Getting an SBA Loan

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.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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.

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