SBA Loan from Vantage West Cu Helps Computer Related Services Company

An SBA loan from Vantage West Cu typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Casa Grande, Arizona business owner got a $50,000 loan.

This business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Vantage West Cu, out of Tucson, Arizona. The loan was granted and they received $50,000 to help grow their Casa Grande, Arizona business.

SBA Loan Borrower

COMPANY TYPE: COMPUTER RELATED SERVICES
CASA GRANDE, AZ 85222

SBA Loan Lender

VANTAGE WEST CU
2480 N ARCADIA
TUCSON, AZ 85712

This debt financing was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541519 - Computer Related Services

Loan Approval Date

12/24/2007

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $42,500.

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 only one employee. The loan application indicated that the loan would help retain 1 existing job.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Vantage West Cu had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Vantage West Cu made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Advice on Getting a Small Business Loan

Best Banks for Small Business in Tucson, Arizona

Getting an SBA Loan in Arizona