Radio and Television Broadcasting and Wireless Communications Equipment SBA Loans
Looking for SBA loans for radio and television broadcasting and wireless communications equipment? Try the SBA. This $150,000 radio and television broadcasting and wireless communications equipment loan was issued by an Utah bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Springville, Utah was able to borrow $150,000 from Amer Bank - Comm. D/b/a Ambank. The SBA made the loan possible by guaranteeing $127,500 of this Utah small business loan.
SBA Loan Borrower
COMPANY TYPE: RADIO AND TELEVISION BROADCASTING AND WIRELESS COMMUNICATIONS EQUIPMENT
SPRINGVILLE, UT 84663
SBA Loan Lender
AMER BANK - COMM. D/B/A AMBANK
3670 N UNIVERSITY AVE
PROVO, UT 84604
This lender issued this particular debt financing under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
334220 - Radio and Television Broadcasting and Wireless Communications Equipment
Loan Approval Date
6/25/2004
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
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 4 employees. The loan application did not indicate that the SBA funding recipient promised to use the funding to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
If you need money to start business in Springville UT, you ought to talk with a local Springville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Springville businesses.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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:
Accountant's Role in Securing Financing
Banks in Provo, Utah
Utah SBA 7A Lenders