Business Loan from First National Bank Of Arizona Given to Convenience Stores Company

An SBA loan from First National Bank Of Arizona typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Bluffton, South Carolina business owner got a $1,100,200 loan.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Bluffton, South Carolina was able to borrow $1,100,200 from First National Bank Of Arizona. The SBA made the loan possible by guaranteeing $825,150 of this South Carolina small business loan.

SBA Loan Borrower

COMPANY TYPE: CONVENIENCE STORES
BLUFFTON, SC 29910

SBA Loan Lender

FIRST NATIONAL BANK OF ARIZONA
17600 N PERIMETER DR
SCOTTSDALE, AZ 85255

This lender provides SBA guaranteed business loans 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

445120 - Convenience Stores

Loan Approval Date

12/28/2007

Loan Approval Gross Amount

$1,100,200

Loan Approval from the SBA

Of the total $1,100,200 loan amount, the SBA guaranteed $825,150.

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 documents indicated that the loan would help retain 2 existing jobs.

Next Steps for Getting an SBA Loan

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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Who Lends Money to Small Businesses in Scottsdale, Arizona

Arizona SBA Bank Lenders