SBA Loans for Book Stores

With these SBA loans for book stores, the SBA guarantees the lender that the loan will be repaid. This book stores loan for $15,000 was given to an Utah entrepreneur in 2006.

This business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Zions First National Bank, out of West Valley City, Utah. The loan was granted and they received $15,000 to help grow their Payson, Utah business.

SBA Loan Borrower

COMPANY TYPE: BOOK STORES
PAYSON, UT 84651

SBA Loan Lender

ZIONS FIRST NATIONAL BANK
2460 SOUTH 3270 WEST, SBA DEP
WEST VALLEY CITY, UT 84119

The lender provided this SBA loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

451211 - Book Stores

Loan Approval Date

10/23/2006

Loan Approval Gross Amount

$15,000

Loan Approval from the SBA

Of the total $15,000 loan amount, the SBA guaranteed $7,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help retain 1 existing job.

Next Steps for Getting an SBA Loan

If you need money to start business in Payson UT, you ought to talk with a local Payson SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Payson businesses.

We can help you find the best banks for small businesses in Payson or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Small Business Credit Cards

Best Banks in West Valley City, Utah

Utah SBA Bank Lenders