Get an SBA Loan for Car Washes

Looking for small business loans for car washes? An SBA loan may be just what you've been looking for. This $414,000 car washes loan was issued by an Utah bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in St. George, Utah was able to borrow $414,000 from Americanwest Bank. The SBA made the loan possible by guaranteeing $310,500 of this Utah small business loan.

SBA Loan Borrower

COMPANY TYPE: CAR WASHES
ST. GEORGE, UT 84770

SBA Loan Lender

AMERICANWEST BANK
201 E CENTER ST
PROVO, UT 84606

This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

811192 - Car Washes

Loan Approval Date

4/16/2004

Loan Approval Gross Amount

$414,000

Loan Approval from the SBA

Of the total $414,000 loan amount, the SBA guaranteed $310,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 1 existing job.

Great, But How Can I Get an SBA Loan for My Business?

Many small businesses receive loans backed by the U.S. Small Business Administration.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $414,000 loan. Remember, feel the fear, and do it anyway.

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:

Advice on Getting a Small Business Loan

Where to Get an SBA Loan in Provo, Utah

SBA Lenders in Utah