Commercial Loans for Flat Glass Manufacturing

With these commercial loans for flat glass manufacturing, the SBA guarantees the lender that the loan will be repaid. This flat glass manufacturing loan for $1,436,500 was given to an Utah entrepreneur in 2001.

This business knew how to go about getting a business bank loan. Based in Salt Lake City, Utah, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was 1st National Bank - Layton, based in Layton, Utah.

SBA Loan Borrower

COMPANY TYPE: FLAT GLASS MANUFACTURING
SALT LAKE CITY, UT 84123

SBA Loan Lender

1ST NATIONAL BANK - LAYTON
12 S MAIN ST
LAYTON, UT 84041

This lender provides SBA commercial 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

327211 - Flat Glass Manufacturing

Loan Approval Date

7/19/2001

Loan Approval Gross Amount

$1,436,500

Loan Approval from the SBA

Of the total $1,436,500 loan amount, the SBA guaranteed $999,804.

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 66 employees. The loan application indicated that the loan would help retain 66 existing jobs.

Getting an SBA Loan For Your Business

If you are raising money 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.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

How Equity Dilution Works

Where to Get an SBA Loan in Layton, Utah

Find an SBA Lender in Utah