Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

Payson, Utah Bank Loan

 

 
Loan Census SBA Loan Info

Raising Money for Specialized Local Freight Trucking

Looking for business loans for specialized local freight trucking? An SBA loan may be just what you've been looking for. This $190,600 specialized local freight trucking loan was issued by an Utah bank.

This business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Zions First National Bank, out of West Valley City, Utah. The loan was granted and they received $190,600 to help grow their Payson, Utah business.

SBA Loan Borrower

COMPANY TYPE: SPECIALIZED LOCAL FREIGHT TRUCKING
PAYSON, UT 84651

SBA Loan Lender

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

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

484220 - Specialized Local Freight Trucking

Loan Approval Date

5/30/2007

Loan Approval Gross Amount

$190,600

Loan Approval from the SBA

Of the total $190,600 loan amount, the SBA guaranteed $142,950.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 2 existing jobs.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small 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:

Obtaining Funding - How to Borrow Money

SBA Approved Banks in West Valley City, Utah

Utah SBA 7A Lenders