America First Fcu SBA Loan to Finish Carpentry Contractors Company
An SBA loan from America First Fcu typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Syracuse, Utah business owner got a $35,000 loan.
Getting a small business loan in Syracuse, Utah was an essential business goal for this small business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from America First Fcu, operating out of Riverdale, Utah. Here are the details on this Utah small business loan.
SBA Loan Borrower
COMPANY TYPE: FINISH CARPENTRY CONTRACTORS
SYRACUSE, UT 84075
SBA Loan Lender
AMERICA FIRST FCU
1344 WEST 4675 SOUTH
RIVERDALE, UT 84405
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
238350 - Finish Carpentry Contractors
Loan Approval Date
7/18/2007
Loan Approval Gross Amount
$35,000
Loan Approval from the SBA
Of the total $35,000 loan amount, the SBA guaranteed $17,500.
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 4 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 4 existing jobs.
Getting an SBA Loan For Your Business
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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.
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