Loan Census Banking News and Information
December 25, 2024  
 
 
  Business Loan Information  
 

SBA 7A Banks for Salt Lake City Business Owners

 

 
Loan Census SBA Loan Info

Raising Money for Social Advocacy Organizations

Looking for business loans for social advocacy organizations? The SBA may be the answer. This $200,000 social advocacy organizations loan was issued by an Utah bank.

This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Zions First National Bank, out of West Valley City, Utah. The loan was granted and they received $200,000 to help grow their Salt Lake City, Utah business.

SBA Loan Borrower

COMPANY TYPE: SOCIAL ADVOCACY ORGANIZATIONS
SALT LAKE CITY, UT 84117

SBA Loan Lender

ZIONS FIRST NATIONAL BANK
2460 SOUTH 3270 WEST, SBA DEP
WEST VALLEY CITY, UT 84119

This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

813319 - Social Advocacy Organizations

Loan Approval Date

9/7/2001

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $100,000.

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 35 employees. The loan application indicated that the loan would help generate 10 new jobs and retain 35 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.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Zions First National Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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

SBA 7A Lenders in West Valley City, Utah

SBA Participating Banks in Utah