Saint George, Utah Business Gets SBA-Guaranteed Funding from Sunfirst Bank
Sunfirst Bank has a track record as a leading provider of SBA loans. Find out how this Utah entrepreneur received an SBA loan from them.
This small firm received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Sunfirst Bank, out of Saint George, Utah. The loan was granted and they received $130,000 to help grow their Saint George, Utah business.
SBA Loan Borrower
COMPANY TYPE: INDUSTRIAL AND PERSONAL SERVICE PAPER MERCHANT WHOLESALERS
SAINT GEORGE, UT 84770
SBA Loan Lender
SUNFIRST BANK
120 E ST. GEORGE BLVD
SAINT GEORGE, UT 84770
This lender issued this particular bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
424130 - Industrial and Personal Service Paper Merchant Wholesalers
Loan Approval Date
5/20/2004
Loan Approval Gross Amount
$130,000
Loan Approval from the SBA
Of the total $130,000 loan amount, the SBA guaranteed $110,500.
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 3 employees. The SBA loan documents did not indicate that the business promised to use the funding to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
Every year, the SBA guarantees over $10 billion for loans just like this one.
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 Sunfirst 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:
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Where to Get an SBA Loan in Saint George, Utah
Where to Get an SBA Loan Utah