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November 14, 2024 |
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| Home > Small Business Lenders by State > New Mexico Business Loan Sources > Phoenix, Business Loans > Sunrise Bank Of Arizona Phoenix Business Loans > Limited-Service Restaurants Loan | ||||
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How to Get SBA Loans in Albuquerque, New Mexico
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Limited-Service Restaurants LoansLooking for loans for limited-service restaurants? Try the SBA. This $125,000 limited-service restaurants loan was issued by an Arizona bank. This small firm received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Sunrise Bank Of Arizona, out of Phoenix, Arizona. The loan was granted and they received $125,000 to help grow their Albuquerque, New Mexico business. SBA Loan Borrower COMPANY TYPE: LIMITED-SERVICE RESTAURANTS SBA Loan Lender SUNRISE BANK OF ARIZONA This loan was granted by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a complete analysis of the loan application and, in return, SBA promises a rapid loan approval or denial response. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 5/21/2002 Loan Approval Gross Amount $125,000 Loan Approval from the SBA Of the total $125,000 loan amount, the SBA guaranteed $106,250. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 5 employees. The SBA loan documents did not indicate that the company planned to use the money to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide money to small business owners for working capital for other expenses. We can help you find the best banks for small businesses in Albuquerque 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: Best Banks in Phoenix, Arizona
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