SBA Loan from 1st National Bank - Layton Helps Analytical Laboratory Instrument Manufacturing Company

An SBA loan from 1st National Bank - Layton typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a West Valley, Utah business owner got a $700,000 loan.

Getting a small business loan in West Valley, Utah was an essential business goal for this small business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from 1st National Bank - Layton, operating out of Layton, Utah. Here are the details on this Utah small business loan.

SBA Loan Borrower

COMPANY TYPE: ANALYTICAL LABORATORY INSTRUMENT MANUFACTURING
WEST VALLEY, UT 84120

SBA Loan Lender

1ST NATIONAL BANK - LAYTON
12 S MAIN ST
LAYTON, UT 84041

This lender provides SBA small business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

334516 - Analytical Laboratory Instrument Manufacturing

Loan Approval Date

8/30/2001

Loan Approval Gross Amount

$700,000

Loan Approval from the SBA

Of the total $700,000 loan amount, the SBA guaranteed $525,000.

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 28 employees. This SBA loan request indicated that the loan would help retain 28 existing jobs.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

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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