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November 23, 2024  
 
 
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Advice for Small Businesses On Getting a Loan

 

 
Loan Census SBA Loan Info

Personal Services SBA Loans

With these SBA loans for personal services, the SBA guarantees the lender that the loan will be repaid. This personal services loan for $107,700 was given to an Arizona entrepreneur in 2001.

Getting a small business loan in Cave Creek, Arizona was important for this small business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Sterling Savings Bank, operating out of Santa Rosa, California. Here are the details on this Arizona small business loan.

SBA Loan Borrower

COMPANY TYPE: PERSONAL SERVICES
CAVE CREEK, AZ 85331

SBA Loan Lender

STERLING SAVINGS BANK
801 FOURTH ST
SANTA ROSA, CA 95404

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812990 - Personal Services

Loan Approval Date

4/5/2001

Loan Approval Gross Amount

$107,700

Loan Approval from the SBA

Of the total $107,700 loan amount, the SBA guaranteed $80,775.

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 SBA loan application for the borrower indicated that the loan would help retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

If you want money for new small business in Cave Creek AZ, you ought to talk with a local Cave Creek SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Cave Creek businesses.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Sterling Savings Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Banking Deregulation's Effects on Entrepreneurship

Small Bank Loans in Santa Rosa, California

Getting an SBA Loan in California