Salt Lake City, Utah Bank Lends Money to Service Establishment Equipment And Supplies Wholesalers Company in Salt Lake City, Utah
Get SBA loans from a Salt Lake City, Utah bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.
Celtic Bank Corporation is a Salt Lake City, Utah small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to an Utah company.
SBA Loan Borrower
COMPANY TYPE: SERVICE ESTABLISHMENT EQUIPMENT AND SUPPLIES WHOLESALERS
SALT LAKE CITY, UT 84115
SBA Loan Lender
CELTIC BANK CORPORATION
340 E 400
SALT LAKE CITY, UT 84111
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
421850 - Service Establishment Equipment and Supplies Wholesalers
Loan Approval Date
12/31/2002
Loan Approval Gross Amount
$250,000
Loan Approval from the SBA
Of the total $250,000 loan amount, the SBA guaranteed $125,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 17 employees. The SBA loan application for the borrower indicated that the funding would help create 3 new jobs.
Next Steps for Getting an SBA Loan
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? 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.
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