Loan Census Banking News and Information
December 22, 2024  
 
 
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Salt Lake City Bank Loan

 

 
Loan Census SBA Loan Info

Salt Lake City, Utah Bank Gives SBA Loan to Advertising Agencies Company

Find Salt Lake City, Utah banks that specialize in SBA loans and know how to work with entrepreneurs. Celtic Bank Corporation is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in Salt Lake City, Utah starts with an understanding of who else has gotten loans in the area. In this case, a local small business received funding from Celtic Bank Corporation. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: ADVERTISING AGENCIES
SALT LAKE CITY, UT 84101

SBA Loan Lender

CELTIC BANK CORPORATION
340 E 400
SALT LAKE CITY, UT 84111

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541810 - Advertising Agencies

Loan Approval Date

4/27/2006

Loan Approval Gross Amount

$423,200

Loan Approval from the SBA

Of the total $423,200 loan amount, the SBA guaranteed $317,400.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 4 employees. This SBA loan request indicated that the loan would help retain 4 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you are wondering how to raise money for a company in Salt Lake City UT, you ought to talk with a local Salt Lake City SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Salt Lake City businesses.

We've showcased information on this loan to let you know that businesses like yours 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:

Business Incubators

Banks in Salt Lake City, Utah

SBA Utah Lenders