 |
 |
November 14, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Utah Business Loan Sources > Sandy, Business Loans > Jordan Fcu Sandy Business Loans > Optometrists Loan | ||||
 |
||||
Tips for Small Business Owners On Getting a Loan
|
||||
 |
Optometrists Commercial LoansWith these commercial loans for optometrists, the SBA guarantees the lender that the loan will be repaid. This optometrists loan for $25,000 was given to an Utah entrepreneur in 2006. This business knew how to go about getting a business bank loan. Based in Riverton, Utah, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Jordan Fcu, based in Sandy, Utah. SBA Loan Borrower COMPANY TYPE: OPTOMETRISTS SBA Loan Lender JORDAN FCU The lender provided this business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 621320 - Optometrists Loan Approval Date 12/18/2006 Loan Approval Gross Amount $25,000 Loan Approval from the SBA Of the total $25,000 loan amount, the SBA guaranteed $12,500. 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 5 employees. The SBA loan documents indicated that the loan would help retain 5 existing jobs. Getting an SBA Loan For Your Business SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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 Sandy, Utah
|
|
||
|
||||
|
|
||||