Get an SBA Loan for Supermarkets and Grocery Stores
Looking for bank loans for supermarkets and grocery stores? The SBA may be the answer. This $130,000 supermarkets and grocery stores loan was issued by an Utah bank.
This small firm received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Zions First National Bank, out of West Valley City, Utah. The loan was granted and they received $130,000 to help grow their Ogden, Utah business.
SBA Loan Borrower
COMPANY TYPE: SUPERMARKETS AND GROCERY STORES
OGDEN, UT 84401
SBA Loan Lender
ZIONS FIRST NATIONAL BANK
2460 SOUTH 3270 WEST, SBA DEP
WEST VALLEY CITY, UT 84119
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
445110 - Supermarkets and Grocery Stores
Loan Approval Date
2/6/2003
Loan Approval Gross Amount
$130,000
Loan Approval from the SBA
Of the total $130,000 loan amount, the SBA guaranteed $110,500.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 5 employees. The SBA loan documents indicated that the loan would help generate 7 new jobs and retain 5 existing jobs.
Next Steps for Getting an SBA Loan
If you are wondering how to raise money for a business in Ogden UT, you ought to talk with a local Ogden SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Ogden businesses.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Zions First National Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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:
SBIR Funding
SBA 7A Banks for West Valley City, Utah Loans
Find an SBA Lender in Utah