Loan Census Banking News and Information
November 14, 2024  
 
 
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Utah SBA Banks

 

 
Loan Census SBA Loan Info

Richfield, Utah Lender Lends Money to Travel Trailer And Camper Manufacturing Company

Get SBA loans from a Richfield, 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.

State Bank Of Southern Utah is a Richfield, 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: TRAVEL TRAILER AND CAMPER MANUFACTURING
RICHFIELD, UT 84701

SBA Loan Lender

STATE BANK OF SOUTHERN UTAH
14 S MAIN ST
RICHFIELD, UT 84701

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

336214 - Travel Trailer and Camper Manufacturing

Loan Approval Date

5/8/2002

Loan Approval Gross Amount

$110,000

Loan Approval from the SBA

Of the total $110,000 loan amount, the SBA guaranteed $93,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The loan application did not indicate that the small business promised to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? 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.

Related Links:

Debt Financing

SBA Banks in Richfield, Utah

Utah SBA 7A Lenders