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December 20, 2024 |
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| Home > Small Business Lenders by State > Utah Business Loan Sources > Park City, Business Loans > Frontier Bank, Fsb Park City Business Loans > Communications Services Loan | ||||
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Who Lends Money to Park City Business Owners
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Company Gets an Utah Business LoanLooking to get an Utah SBA loan? This Utah entrepreneur got an SBA loan, provided by an Utah bank that works with the SBA to help small business owners. Getting a small business loan in Park City, Utah was a top priority for this particular business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Frontier Bank, Fsb. Here are the details on this Utah small business loan. SBA Loan Borrower COMPANY TYPE: COMMUNICATIONS SERVICES SBA Loan Lender FRONTIER BANK, FSB SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA small business loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 4899 - Communications Services Loan Approval Date 5/25/2000 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 hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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 Lenders in Park City, Utah
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