Loan Census Banking News and Information
November 23, 2024  
 
 
  Business Loan Information  
 

South Jordan, Utah Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Business Loans for Residential Remodelers

With these business loans for residential remodelers, the SBA guarantees the lender that the loan will be repaid. This residential remodelers loan for $25,000 was given to an Utah entrepreneur in 2005.

Getting a small business loan in South Jordan, Utah was important for this small business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Wells Fargo Bank, operating out of San Jose, California. Here are the details on this Utah small business loan.

SBA Loan Borrower

COMPANY TYPE: RESIDENTIAL REMODELERS
SOUTH JORDAN, UT 84095

SBA Loan Lender

WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113

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

236118 - Residential Remodelers

Loan Approval Date

2/24/2005

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

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 only one employee. The loan application indicated that the loan would help generate 3 new jobs and retain 4 existing jobs.

Start the Process for Getting an SBA Loan Today!

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

This company got an SBA loan. You can too! Maybe you need seed money for 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.

Related Links:

Getting a Small Business Loan

Banks in San Jose, California

California SBA 7A Lenders