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November 23, 2024 |
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| Home > Small Business Lenders by State > Arizona Business Loan Sources > Phoenix, Business Loans > National Bank Of Arizona Phoenix Business Loans > Furniture Merchant Wholesalers Loan | ||||
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SBA Lenders Arizona
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Phoenix, Arizona Bank Gives SBA Loan to Furniture Merchant Wholesalers CompanyFind Phoenix, Arizona banks that specialize in business loans and know how to work with entrepreneurs. National Bank Of Arizona is one such bank, as evidenced by this SBA loan to one business. 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 company received funding from National Bank Of Arizona. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: FURNITURE MERCHANT WHOLESALERS SBA Loan Lender NATIONAL BANK OF ARIZONA Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 423210 - Furniture Merchant Wholesalers Loan Approval Date 7/14/2005 Loan Approval Gross Amount $236,250 Loan Approval from the SBA Of the total $236,250 loan amount, the SBA guaranteed $177,187. 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 2 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 2 existing jobs. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like National Bank Of Arizona and they will explain how you can get an SBA loan for your company. 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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