Software Publishers Bank Loans
Looking for bank loans for software publishers? The SBA may be the answer. This $400,000 software publishers loan was issued by an Utah bank.
This small firm knew how to go about getting a business bank loan. Based in Orem, Utah, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Bank Of American Fork, based in American Fork, Utah.
SBA Loan Borrower
COMPANY TYPE: SOFTWARE PUBLISHERS
OREM, UT 84097
SBA Loan Lender
BANK OF AMERICAN FORK
33 E MAIN
AMERICAN FORK, UT 84003
This lender provides SBA business 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
511210 - Software Publishers
Loan Approval Date
5/10/2006
Loan Approval Gross Amount
$400,000
Loan Approval from the SBA
Of the total $400,000 loan amount, the SBA guaranteed $300,000.
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 22 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 22 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
This SBA loan was for $400,000. How would you spend $400,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Business Credit Evaluation
SBA 7A Lenders in American Fork, Utah
SBA Participating Banks in Utah