Casa Grande, Arizona Bank Lends Money to Eating Places Company in Chandler, Arizona
Get to know Casa Grande, Arizona banks that specialize in business loans and know how to work with entrepreneurs. Great Western Bank is one such bank, as evidenced by this SBA loan to a growing company.
Finding a small business loan in Chandler, Arizona starts with an understanding of who else has gotten loans in the area. In this case, a local business received funding from Great Western Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: EATING PLACES
CHANDLER, AZ 85249
SBA Loan Lender
GREAT WESTERN BANK
1300 E FLORENCE BLVD
CASA GRANDE, AZ 85222
The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide 7A business 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
5812 - Eating Places
NAICS Code
722110 - Full-Service Restaurants
Loan Approval Date
2/27/2003
Loan Approval Gross Amount
$375,000
Loan Approval from the SBA
Of the total $375,000 loan amount, the SBA guaranteed $281,250.
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 43 employees. This SBA loan request did not indicate that the company planned to use the funding to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.
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:
How to Raise Money
Find an SBA Lender in Casa Grande, Arizona
SBA Participating Banks in Arizona