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November 14, 2024  
 
 
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Raising Money in Anthem, Arizona With SBA Loans

 

 
Loan Census SBA Loan Info

Small Business Loans for Services Related to Advertising

Looking for small business loans for services related to advertising? Try the SBA. This $200,000 services related to advertising loan was issued by an Arizona bank.

Getting a small business loan in Anthem, Arizona was important for this company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Bank - Arizona, operating out of Phoenix, Arizona. Here are the details on this Arizona small business loan.

SBA Loan Borrower

COMPANY TYPE: BUSINESS SERVICES
ANTHEM, AZ 85086

SBA Loan Lender

BANK - ARIZONA
5050 N 44TH ST
PHOENIX, AZ 85018

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA bank loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7389 - Business Services

NAICS Code

541890 - Services Related to Advertising

Loan Approval Date

9/29/2005

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $150,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 2 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

There are SBA loan fees that may apply. SBA lenders must pay the SBA a guaranty fee of 1% to 3.5% of guaranteed amount. The SBA will also make the lender pay annual fees amounting to 0.25% of the loan's outstanding balance. The lender is allowed by law to pass these fees to the borrower.

Still, as most small businesses know, these fees are minimal compared to the potential of what capital can do for a business. So, what are you waiting for? Get in touch with an SBA lending bank today!

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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Arizona SBA 7A Lenders