Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

State Bank Of Southern Utah Sigurd, Utah

 

 
Loan Census SBA Loan Info

Sigurd, Utah Business Gets SBA-Guaranteed Funding from State Bank Of Southern Utah

State Bank Of Southern Utah has a track record as a leading provider of SBA loans. Find out how this Utah entrepreneur received an SBA loan from them.

This small firm received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with State Bank Of Southern Utah, out of Cedar City, Utah. The loan was granted and they received $122,000 to help grow their Sigurd, Utah business.

SBA Loan Borrower

COMPANY TYPE: SOLID WASTE COLLECTION
SIGURD, UT 84657

SBA Loan Lender

STATE BANK OF SOUTHERN UTAH
377 N MAIN ST
CEDAR CITY, UT 84720

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

562111 - Solid Waste Collection

Loan Approval Date

12/8/2006

Loan Approval Gross Amount

$122,000

Loan Approval from the SBA

Of the total $122,000 loan amount, the SBA guaranteed $61,000.

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. The loan application indicated that the loan would help retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you need business start up money in Sigurd UT, you ought to talk with a local Sigurd SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Sigurd businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like State Bank Of Southern Utah and they will explain how you can get an SBA loan for your company.

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:

Debt Financing

Where to Get an SBA Loan in Cedar City, Utah

SBA Utah Lenders