Lawyers Commercial Loans

Looking for commercial loans for lawyers? Talk to a banker who works with the SBA. This $33,250 lawyers loan was issued by an Utah bank.

This small business received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Jordan Fcu, out of Sandy, Utah. The loan was granted and they received $33,250 to help grow their Pleasant Grove, Utah business.

SBA Loan Borrower

COMPANY TYPE: LAWYERS
PLEASANT GROVE, UT 84062

SBA Loan Lender

JORDAN FCU
9260 SOUTH 300 EAST
SANDY, UT 84070

This SBA business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

541110 - Lawyers

Loan Approval Date

3/28/2005

Loan Approval Gross Amount

$33,250

Loan Approval from the SBA

Of the total $33,250 loan amount, the SBA guaranteed $16,625.

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. The SBA loan documents indicated that the loan would help retain 1 existing job.

Getting an SBA Loan For Your Business

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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

SBA Banks in Sandy, Utah

Find an SBA Lender in Utah