Financing for Interior Design Services
Looking for loans for interior design services? The SBA may be the answer. This $143,600 interior design services loan was issued by an Utah bank.
Getting a small business loan in Salt Lake City, Utah was important for this company back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Celtic Bank Corporation, operating out of Salt Lake City, Utah. Here are the details on this Utah small business loan.
SBA Loan Borrower
COMPANY TYPE: INTERIOR DESIGN SERVICES
SALT LAKE CITY, UT 84109
SBA Loan Lender
CELTIC BANK CORPORATION
340 E 400
SALT LAKE CITY, UT 84111
This lender issued this SBA loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
541410 - Interior Design Services
Loan Approval Date
6/2/2003
Loan Approval Gross Amount
$143,600
Loan Approval from the SBA
Of the total $143,600 loan amount, the SBA guaranteed $122,060.
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. This SBA loan request did not indicate that the small business planned to use the money to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
If you want money for new small business 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.
This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
Determining Proper Capital Structure for a Business
SBA Approved Banks in Salt Lake City, Utah
Utah SBA 7A Banks