Loan Census Banking News and Information
November 14, 2024  
 
 
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SBA 7A Banks in Utah

 

 
Loan Census SBA Loan Info

Getting an SBA Loan for Computer Related Services

With these commercial loans for computer related services, the SBA guarantees the lender that the loan will be repaid. This computer related services loan for $90,000 was given to an Utah entrepreneur in 2005.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Woods Cross, Utah was able to borrow $90,000 from Zions First National Bank. The SBA made the loan possible by guaranteeing $45,000 of this Utah small business loan.

SBA Loan Borrower

COMPANY TYPE: COMPUTER RELATED SERVICES
WOODS CROSS, UT 84087

SBA Loan Lender

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

This SBA 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

541519 - Computer Related Services

Loan Approval Date

8/26/2005

Loan Approval Gross Amount

$90,000

Loan Approval from the SBA

Of the total $90,000 loan amount, the SBA guaranteed $45,000.

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 indicated that the loan would help retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

If you are working on finding money to start a business in Woods Cross UT, you ought to talk with a local Woods Cross SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Woods Cross businesses.

We can help you find the best banks for small businesses in Woods Cross 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.

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