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November 24, 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 > Charter Bus Industry Loan | ||||
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Advice for Businesses On Getting a Loan
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Where to Get Capital for Charter Bus IndustryWith these small business loans for charter bus industry, the SBA guarantees the lender that the loan will be repaid. This charter bus industry loan for $309,000 was given to an Idaho entrepreneur in 2005. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Rigby, Idaho was able to borrow $309,000 from Zions First National Bank. The SBA made the loan possible by guaranteeing $231,750 of this Idaho small business loan. SBA Loan Borrower COMPANY TYPE: CHARTER BUS INDUSTRY SBA Loan Lender ZIONS FIRST NATIONAL BANK This lender provides SBA loan for small businesses 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 485510 - Charter Bus Industry Loan Approval Date 1/21/2005 Loan Approval Gross Amount $309,000 Loan Approval from the SBA Of the total $309,000 loan amount, the SBA guaranteed $231,750. 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 7 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 10 existing jobs. 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 need money to buy a business? 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: Who Lends Money to Small Businesses in West Valley City, Utah
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