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November 14, 2024 |
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| Home > Small Business Lenders by State > Idaho Business Loan Sources > West Valley City, Business Loans > Zions First National Bank West Valley City Business Loans > Concrete Product Manufacturing Loan | ||||
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We Needed an SBA 7A Loan in Rexburg, Idaho and We Got One!
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Raising Money for Concrete Product ManufacturingLooking for business loans for concrete product manufacturing? An SBA loan may be just what you've been looking for. This $15,000 concrete product manufacturing loan was issued by an Utah bank. This business received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Zions First National Bank, out of West Valley City, Utah. The loan was granted and they received $15,000 to help grow their Rexburg, Idaho business. SBA Loan Borrower COMPANY TYPE: CONCRETE PRODUCT MANUFACTURING SBA Loan Lender ZIONS FIRST NATIONAL BANK This lender processed this SBA 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 327390 - Concrete Product Manufacturing Loan Approval Date 2/28/2005 Loan Approval Gross Amount $15,000 Loan Approval from the SBA Of the total $15,000 loan amount, the SBA guaranteed $7,500. 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 no employees. The SBA loan documents indicated that the borrowed money would help create 4 new jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Zions First National Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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 7A Banks for West Valley City, Utah Loans
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