Motor Vehicle Towing Loans
Looking for loans for motor vehicle towing? The SBA may be the answer. This $220,000 motor vehicle towing loan was issued by an Utah bank.
Getting a small business loan in Salt Lake City, Utah was important for this growing firm back in 2007 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: MOTOR VEHICLE TOWING
SALT LAKE CITY, UT 84118
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
488410 - Motor Vehicle Towing
Loan Approval Date
12/7/2007
Loan Approval Gross Amount
$220,000
Loan Approval from the SBA
Of the total $220,000 loan amount, the SBA guaranteed $165,000.
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 14 employees. The SBA loan application for the borrower indicated that the loan would help retain 14 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:
Startup Funding Tip
SBA Banks in Salt Lake City, Utah
SBA Utah Lenders