 |
 |
December 19, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Utah Business Loan Sources > Pleasant Grove, Business Loans > Capital Community Bank Pleasant Grove Business Loans > Canned Specialties Loan | ||||
 |
||||
Utah Bank SBA Loans
|
||||
 |
Capital Community Bank SBA Loan to Canned Specialties CompanyLooking to get an Utah business loan? Here's one Utah business loan that was approved by the SBA. This growing firm needed an SBA business loan in Orem, Utah back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from Capital Community Bank, operating out of Pleasant Grove, Utah. Here are the details on this Utah small business loan. SBA Loan Borrower COMPANY TYPE: CANNED SPECIALTIES SBA Loan Lender CAPITAL COMMUNITY BANK This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 2032 - Canned Specialties Loan Approval Date 3/20/2000 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $112,500. More Information on This SBA Loan The borrower borrowed this money for an existing 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 6 employees. The SBA loan documents did not indicate that the small business promised to use the loan proceeds to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Capital Community Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: How Much Venture Capital Is There? SBA Banks in Pleasant Grove, Utah
|
|
||
|
||||
|
|
||||