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December 23, 2024 |
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| Home > Small Business Lenders by State > Montana Business Loan Sources > West Valley City, Business Loans > Zions First National Bank West Valley City Business Loans > Plumbing And Hydronic Heating Supplies Loan | ||||
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West Valley City, Utah SBA Banks
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West Valley City, Utah Lender Lends Money to Plumbing And Hydronic Heating Supplies CompanyGet to know West Valley City, Utah banks that specialize in small business loans and know how to work with entrepreneurs. Zions First National Bank is one such bank, as evidenced by this SBA loan to a growing company. Finding a small business loan in Stevensville, Montana starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from Zions First National Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: PLUMBING AND HYDRONIC HEATING SUPPLIES SBA Loan Lender ZIONS FIRST NATIONAL BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan for a small business was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5074 - Plumbing and Hydronic Heating Supplies Loan Approval Date 5/23/2000 Loan Approval Gross Amount $88,000 Loan Approval from the SBA Of the total $88,000 loan amount, the SBA guaranteed $70,400. 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 3 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the funding to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. 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 $88,000 loan. Remember, things become real when you believe you can achieve them! 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: Best Banks for Small Business in West Valley City, Utah
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