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November 24, 2024  
 
 
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Utah Bank SBA Loans

 

 
Loan Census SBA Loan Info

Entrepreneur Works With Salt Lake City, Utah Bank to Get an SBA Loan

Want to talk with a Salt Lake City, Utah bank about a small business loan? Here's one California business loan, issued by a Salt Lake City bank, that was approved by the SBA.

Applying for an SBA loan with Bank Of The West worked out well for our friends at one local firm in Santa Ana, California. The business was able to get an SBA loan for $40,000. Nice!

SBA Loan Borrower

COMPANY TYPE: LANDSCAPING SERVICES
SANTA ANA, CA 92703

SBA Loan Lender

BANK OF THE WEST
142 EAST 200 SOUTH
SALT LAKE CITY, UT 84111

This business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

561730 - Landscaping Services

Loan Approval Date

12/2/2005

Loan Approval Gross Amount

$40,000

Loan Approval from the SBA

Of the total $40,000 loan amount, the SBA guaranteed $20,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 15 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 11 existing jobs.

Next Steps for Getting an SBA Loan

If you are working on finding money to start a business in Santa Ana CA, you ought to talk with a local Santa Ana SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Santa Ana businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Bank Of The West are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:

Bank Credit Lines

Who Lends Money to Small Businesses in Salt Lake City, Utah

Getting an SBA Loan in Utah