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November 14, 2024 |
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| Home > Small Business Lenders by State > Utah Business Loan Sources > Tooele, Business Loans > Tooele Fcu Tooele Business Loans > Site Preparation Contractors Loan | ||||
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SBA Loans from Tooele Fcu
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Tooele Fcu SBA Loan to Site Preparation Contractors CompanyAn SBA loan from Tooele Fcu typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Stansbury Park, Utah business owner got a $70,000 loan. This small firm knew how to go about getting a business bank loan. Based in Stansbury Park, Utah, they applied for and received an SBA-guaranteed loan in 2005. The lending bank was Tooele Fcu, based in Tooele, Utah. SBA Loan Borrower COMPANY TYPE: SITE PREPARATION CONTRACTORS SBA Loan Lender TOOELE FCU 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 238910 - Site Preparation Contractors Loan Approval Date 3/2/2005 Loan Approval Gross Amount $70,000 Loan Approval from the SBA Of the total $70,000 loan amount, the SBA guaranteed $35,000. 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 did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. We can help you find the best banks for small businesses in Stansbury Park or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Where to Get an SBA Loan in Tooele, Utah SBA Participating Banks in Utah
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