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November 15, 2024 |
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| Home > Small Business Lenders by State > Arizona Business Loan Sources > Anchorage, Business Loans > Alaska Growth Cap. Bidco Inc. Anchorage Business Loans > Hardwood Veneer And Plywood Manufacturing Loan | ||||
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Raising Money in Chandler, Arizona With SBA Loans
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Alaska Growth Cap. Bidco Inc. Gives Bank Loan to Hardwood Veneer And Plywood Manufacturing CompanySearching for an Arizona SBA loan? This Arizona entrepreneur got an SBA loan, provided by an Alaska bank that works with the SBA to help small business owners. By giving the right information to Alaska Growth Cap. Bidco Inc., this Chandler, Arizona business was able to get an SBA loan. To get this loan, the applying company gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back. SBA Loan Borrower COMPANY TYPE: HARDWOOD VENEER AND PLYWOOD MANUFACTURING SBA Loan Lender ALASKA GROWTH CAP. BIDCO INC. This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 321211 - Hardwood Veneer and Plywood Manufacturing Loan Approval Date 4/4/2007 Loan Approval Gross Amount $1,500,000 Loan Approval from the SBA Of the total $1,500,000 loan amount, the SBA guaranteed $1,125,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 13 new jobs and retain 2 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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 Best Banks in Anchorage, Alaska Where to Get an SBA Loan Alaska
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