SBA Loan from Zions First National Bank Helps Individual And Family Services Company
An SBA loan from Zions First National Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Payson, Utah business owner got a $30,000 loan.
This growing company knew how to go about getting a business bank loan. Based in Payson, Utah, they applied for and received an SBA-guaranteed loan in 2005. The lending bank was Zions First National Bank, based in West Valley City, Utah.
SBA Loan Borrower
COMPANY TYPE: INDIVIDUAL AND FAMILY SERVICES
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 small business 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
624190 - Individual and Family Services
Loan Approval Date
5/26/2005
Loan Approval Gross Amount
$30,000
Loan Approval from the SBA
Of the total $30,000 loan amount, the SBA guaranteed $15,000.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 9 employees. The SBA loan application for the borrower indicated that the loan would help retain 9 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you are working on finding money to start a 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.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Zions First National Bank and they will explain how you can get an SBA loan for your company.
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.
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