AmBank Helps Heber Valley Businesses Grow
|Great news for small business owners in the Heber Valley. AmBank is offering No Guarantee Fee on SBA Loans*. The Small Business Jobs Act was signed on September 27, 2010, which increases the lending limits on 7(a) loans from $2 million to $5 million. SBA 504 loans have increased up to $5.5 million. The law will permanently increase microloan limits from $35,000 to $50,000 helping larger entrepreneurs with start-up costs and small business owners in underserved communities.
AmBank has been instrumental in helping Wasatch Vision Center and Filler-Up Coffee Station and Ice Cream Parlor expand their business with SBA funding. Visit with Sunny Street-Bronson at the Heber AmBank location, 620 W 100 S, to find out how your small business can grow with these available SBA funds. *Subject to availability. FDIC insured. Equal Housing Lender.
BY DEANN HUISH