Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

West Jordan, Utah Bank Loan

 

 
Loan Census SBA Loan Info

Vocational Rehabilitation Services Small Business Loans

Looking for small business loans for vocational rehabilitation services? Talk to a banker who works with the SBA. This $43,900 vocational rehabilitation services loan was issued by an Utah bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in West Jordan, Utah was able to borrow $43,900 from Zions First National Bank. The SBA made the loan possible by guaranteeing $37,315 of this Utah small business loan.

SBA Loan Borrower

COMPANY TYPE: VOCATIONAL REHABILITATION SERVICES
WEST JORDAN, UT 84084

SBA Loan Lender

ZIONS FIRST NATIONAL BANK
2460 SOUTH 3270 WEST, SBA DEP
WEST VALLEY CITY, UT 84119

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

624310 - Vocational Rehabilitation Services

Loan Approval Date

12/2/2004

Loan Approval Gross Amount

$43,900

Loan Approval from the SBA

Of the total $43,900 loan amount, the SBA guaranteed $37,315.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 2 employees. The SBA loan application for the borrower did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you have a business and need capital to get to the next level? 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.

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