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November 21, 2024 |
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| Home > Small Business Lenders by State > Idaho Business Loan Sources > West Valley City, Business Loans > Zions First National Bank West Valley City Business Loans > Manufacturing Loan | ||||
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Requirements for Business Owners On Getting a Loan
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Where to Get Capital for ManufacturingWith these small business loans for manufacturing, the SBA guarantees the lender that the loan will be repaid. This manufacturing loan for $35,000 was given to an Idaho entrepreneur in 2007. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Wilder, Idaho was able to borrow $35,000 from Zions First National Bank. The SBA made the loan possible by guaranteeing $29,750 of this Idaho small business loan. SBA Loan Borrower COMPANY TYPE: MANUFACTURING SBA Loan Lender ZIONS FIRST NATIONAL BANK This lender issued this bank loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 339999 - Manufacturing Loan Approval Date 9/18/2007 Loan Approval Gross Amount $35,000 Loan Approval from the SBA Of the total $35,000 loan amount, the SBA guaranteed $29,750. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. We can help you find the best banks for small businesses in Wilder or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Realistic Debt Financing Options SBA Approved Banks in West Valley City, Utah
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