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December 22, 2024 |
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| Home > Small Business Lenders by State > Utah Business Loan Sources > Spokane, Business Loans > Americanwest Bank Spokane Business Loans > Sporting Goods Stores Loan | ||||
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How to Get SBA Loans in Salt Lake City, Utah
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Business Loans for Sporting Goods StoresLooking for business loans for sporting goods stores? An SBA loan may be just what you've been looking for. This $1,229,500 sporting goods stores loan was issued by a Washington bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Salt Lake City, Utah was able to borrow $1,229,500 from Americanwest Bank. The SBA made the loan possible by guaranteeing $632,701 of this Utah small business loan. SBA Loan Borrower COMPANY TYPE: SPORTING GOODS STORES SBA Loan Lender AMERICANWEST BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 451110 - Sporting Goods Stores Loan Approval Date 8/28/2007 Loan Approval Gross Amount $1,229,500 Loan Approval from the SBA Of the total $1,229,500 loan amount, the SBA guaranteed $632,701. 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 16 employees. This SBA loan request indicated that the funding would help create 78 new jobs. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: The Friends and Family Network SBA 7A Lenders in Spokane, Washington
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