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November 15, 2024 |
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| Home > Small Business Lenders by State > Utah Business Loan Sources > West Jordan, Business Loans > Mountain America Fcu West Jordan Business Loans > Building Finishing Contractors Loan | ||||
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How to Get SBA Money in Orem, Utah
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Orem, Utah Entrepreneur Gets an SBA LoanUtahBusiness loans are available to Utah business owners through the SBA. In this case, an Utah bank provides the loan. Getting a small business loan in Orem, Utah was a top priority for this SBA-financed company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Mountain America Fcu. Here are the details on this Utah small business loan. SBA Loan Borrower COMPANY TYPE: BUILDING FINISHING CONTRACTORS SBA Loan Lender MOUNTAIN AMERICA FCU This loan for a small business was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 238390 - Building Finishing Contractors Loan Approval Date 7/7/2004 Loan Approval Gross Amount $20,000 Loan Approval from the SBA Of the total $20,000 loan amount, the SBA guaranteed $10,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job. Getting an SBA Loan For Your Business SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Mountain America Fcu are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you. 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 in West Jordan, Utah
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