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December 22, 2024 |
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| Home > Small Business Lenders by State > Utah Business Loan Sources > Provo, Business Loans > Central Bank Provo Business Loans > Teleproduction And Postproduction Services Loan | ||||
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Small Business Banks for Provo Business Owners
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Central Bank Gives Business Loan to Teleproduction And Postproduction Services CompanyUtahSmall business loans are available to Utah small business owners through the SBA. In this case, an Utah bank provides the loan. Getting a small business loan in Provo, Utah was a top priority for this small company back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Central Bank. Here are the details on this Utah small business loan. SBA Loan Borrower COMPANY TYPE: TELEPRODUCTION AND POSTPRODUCTION SERVICES SBA Loan Lender CENTRAL BANK This lender processed this business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. 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 512191 - Teleproduction and Postproduction Services Loan Approval Date 2/3/2006 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 8 employees. The SBA loan documents indicated that the loan would help retain 8 existing jobs. Getting an SBA Loan For Your Business Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. 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: SBA Participating Banks in Provo, Utah SBA Participating Banks in Utah
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