Provo, Utah Lender Lends Money to Specialty Trade Contractors Company
Get SBA loans from a Provo, Utah bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.
Amer Bank - Comm. D/b/a Ambank is a Provo, Utah small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to an Utah company.
SBA Loan Borrower
COMPANY TYPE: SPECIALTY TRADE CONTRACTORS
PAYSON, UT 84651
SBA Loan Lender
AMER BANK - COMM. D/B/A AMBANK
3670 N UNIVERSITY AVE
PROVO, UT 84604
This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
238990 - Specialty Trade Contractors
Loan Approval Date
8/16/2006
Loan Approval Gross Amount
$134,000
Loan Approval from the SBA
Of the total $134,000 loan amount, the SBA guaranteed $113,900.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had only one employee. The SBA loan application for the borrower did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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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