Financing for Sports and Recreation Instruction
Looking for loans for sports and recreation instruction? Try the SBA. This $15,000 sports and recreation instruction loan was issued by an Utah bank.
Getting a small business loan in Saint George, Utah was important for this company back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Deseret First Fcu, operating out of Salt Lake City, Utah. Here are the details on this Utah small business loan.
SBA Loan Borrower
COMPANY TYPE: SPORTS AND RECREATION INSTRUCTION
SAINT GEORGE, UT 84770
SBA Loan Lender
DESERET FIRST FCU
2480 S 3850 WEST, STE C
SALT LAKE CITY, UT 84120
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
611620 - Sports and Recreation Instruction
Loan Approval Date
10/24/2006
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. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 2 employees. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 2 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Deseret First Fcu 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:
Investor Turnoffs
SBA Participating Banks in Salt Lake City, Utah
Utah SBA Banks