Bank Of American Fork Gives Bank Loan to Wood Window And Door Manufacturing Company
UtahSmall business loans are available to Utah small business owners through the SBA. In this case, an Utah bank provides the loan.
You can learn something about getting a small business loan in Woods Cross, Utah by studying this loan to a local company, made back in 2008. Banks like Bank Of American Fork may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: WOOD WINDOW AND DOOR MANUFACTURING
WOODS CROSS, UT 84087
SBA Loan Lender
BANK OF AMERICAN FORK
33 E MAIN
AMERICAN FORK, UT 84003
This lender provides SBA debt financing 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
321911 - Wood Window and Door Manufacturing
Loan Approval Date
2/22/2008
Loan Approval Gross Amount
$280,000
Loan Approval from the SBA
Of the total $280,000 loan amount, the SBA guaranteed $210,000.
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 24 employees. The SBA loan application for the borrower indicated that the loan would help retain 24 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
Many small businesses receive loans backed by the U.S. Small Business Administration.
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.
Related Links:
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Best Banks for Small Business in American Fork, Utah
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