Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

I Need an SBA Loan to Buy a Franchise in Provo, Utah

 

 
Loan Census SBA Loan Info

Loan to Buy Rocky Mountain Chocolate Factory Franchise Issued By Zions First National Bank

Borrowing money to purchase a Rocky Mountain Chocolate Factory franchise? Zions First National Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Rocky Mountain Chocolate Factory franchise? If so, here's a 2005 SBA franchise loan that you should know about. Zions First National Bank was the lender and the entrepreneur was based in Provo, Utah.

SBA Loan Borrower

HAPPY VALLEY CHOCOLATE, INC.
PROVO, UT 84604

SBA Loan Lender

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

This lender provides SBA commercial 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

445292 - Confectionery and Nut Stores

Loan Approval Date

4/21/2005

Loan Approval Gross Amount

$126,000

Loan Approval from the SBA

Of the total $126,000 loan amount, the SBA guaranteed $107,100.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Rocky Mountain Chocolate Factory franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 3 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

Many small businesses receive loans backed by the U.S. Small Business Administration.

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:

Rocky Mountain Chocolate Factory

Business Line of Credit

Good Banks for Small Business in West Valley City, Utah

SBA Utah Banks