Commercial Loans for Retail Bakeries

Looking for commercial loans for retail bakeries? Talk to a banker who works with the SBA. This $150,000 retail bakeries loan was issued by an Utah bank.

Getting a small business loan in West Valley City, Utah was important for this small business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from First Utah Bank, operating out of Sandy, Utah. Here are the details on this Utah small business loan.

SBA Loan Borrower

COMPANY TYPE: RETAIL BAKERIES
WEST VALLEY CITY, UT 84120

SBA Loan Lender

FIRST UTAH BANK
11025 SOUTH STATE ST
SANDY, UT 84070

This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5461 - Retail Bakeries

NAICS Code

311811 - Retail Bakeries

Loan Approval Date

1/10/2000

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $112,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 only one employee. This SBA loan request did not indicate that the SBA funding recipient planned to use the money to add employees or retain any existing employees.

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

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

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.

Related Links:

Debt Financing

SBA Participating Banks in Sandy, Utah

Getting an SBA Loan in Utah