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December 18, 2024 |
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| Home > Small Business Lenders by State > Utah Business Loan Sources > Saint George, Business Loans > Southwest Community Fcu Saint George Business Loans > Store Retailers Loan | ||||
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Saint George, Utah Bank Loan
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Small Business Loans for Store RetailersLooking for small business loans for store retailers? An SBA loan may be just what you've been looking for. This $30,000 store retailers loan was issued by an Utah bank. This small firm received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Southwest Community Fcu, out of Saint George, Utah. The loan was granted and they received $30,000 to help grow their Saint George, Utah business. SBA Loan Borrower COMPANY TYPE: STORE RETAILERS SBA Loan Lender SOUTHWEST COMMUNITY 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 453998 - Store Retailers Loan Approval Date 9/27/2007 Loan Approval Gross Amount $30,000 Loan Approval from the SBA Of the total $30,000 loan amount, the SBA guaranteed $15,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide money to small business owners for working capital for other expenses. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $30,000 loan. Remember, you control your own destiny. 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: Obtaining Funding - Getting Venture Capital SBA 7A Banks for Saint George, Utah Loans SBA Participating Banks in Utah
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