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November 14, 2024 |
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| Home > Small Business Lenders by State > Utah Business Loan Sources > Ogden, Business Loans > Bank Of Utah Ogden Business Loans > Photofinishing Laboratories Loan | ||||
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Utah Bank SBA Loans
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Bank Of Utah SBA Loan to Photofinishing Laboratories CompanyWant an Utah SBA loan? Here's one Utah business loan that was approved by the SBA. This growing company received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Bank Of Utah, out of Ogden, Utah. The loan was granted and they received $318,000 to help grow their Ogden, Utah business. SBA Loan Borrower COMPANY TYPE: PHOTOFINISHING LABORATORIES SBA Loan Lender BANK OF UTAH This bank loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending track record and are well trained in SBA policies and procedures. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7384 - Photofinishing Laboratories Loan Approval Date 5/11/2000 Loan Approval Gross Amount $318,000 Loan Approval from the SBA Of the total $318,000 loan amount, the SBA guaranteed $238,500. 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 9 employees. The loan application did not indicate that the small business promised to use the money to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. 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 $318,000 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:
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