Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

Raising Money in West Jordan, Utah With SBA Loans

 

 
Loan Census SBA Loan Info

Child Day Care Services Bank Loans

Looking for bank loans for child day care services? The SBA may be the answer. This $10,000 child day care services loan was issued by an Utah bank.

Getting a small business loan in West Jordan, Utah was important for this growing firm back in 2005 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: CHILD DAY CARE SERVICES
WEST JORDAN, UT 84120

SBA Loan Lender

AMERICA FIRST FCU
1344 WEST 4675 SOUTH
RIVERDALE, UT 84405

This business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

624410 - Child Day Care Services

Loan Approval Date

10/18/2005

Loan Approval Gross Amount

$10,000

Loan Approval from the SBA

Of the total $10,000 loan amount, the SBA guaranteed $5,000.

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 3 employees. The loan application indicated that the loan would help retain 3 existing jobs.

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

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like America First Fcu and they will explain how you can get an SBA loan for your company.

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:

Startup Funding Tip

SBA 7A Lenders in Riverdale, Utah

SBA Lenders in Utah