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December 22, 2024 |
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| Home > Small Business Lenders by State > Utah Business Loan Sources > Borrego Springs, Business Loans > Borrego Springs Bank Borrego Springs Business Loans > Car Washes Loan | ||||
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Banks in Utah
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Business Loans for Car WashesLooking for business loans for car washes? An SBA loan may be just what you've been looking for. This $744,000 car washes loan was issued by a California bank. This small business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Borrego Springs Bank, out of Borrego Springs, California. The loan was granted and they received $744,000 to help grow their Salt Lake City, Utah business. SBA Loan Borrower COMPANY TYPE: CAR WASHES SBA Loan Lender BORREGO SPRINGS BANK This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 811192 - Car Washes Loan Approval Date 3/23/2004 Loan Approval Gross Amount $744,000 Loan Approval from the SBA Of the total $744,000 loan amount, the SBA guaranteed $558,000. 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 2 employees. The loan application indicated that the loan would help retain 2 existing jobs. Start the Process for Getting an SBA Loan Today! SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Borrego Springs Bank and they will explain how you can get an SBA loan for your company. 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: A Company That Helps Entrepreneurs SBA Approved Banks in Borrego Springs, California
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