Business Loan from Great Western Bank Given to Jewelry Manufacturing Company
Great Western Bank and the SBA work together to get business loans for growing small businesses. Here's an example of how an Arizona entrepreneur was able to get a loan to take a small business to the next level.
Getting a small business loan in Chandler, Arizona was an essential business goal for this company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Great Western Bank, operating out of Casa Grande, Arizona. Here are the details on this Arizona small business loan.
SBA Loan Borrower
COMPANY TYPE: JEWELRY MANUFACTURING
CHANDLER, AZ 85249
SBA Loan Lender
GREAT WESTERN BANK
1300 E FLORENCE BLVD
CASA GRANDE, AZ 85222
This lender issued this particular bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
339911 - Jewelry Manufacturing
Loan Approval Date
4/22/2004
Loan Approval Gross Amount
$140,000
Loan Approval from the SBA
Of the total $140,000 loan amount, the SBA guaranteed $119,000.
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 4 employees. The loan application did not indicate that the SBA funding recipient planned to use the loan proceeds to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
Every year, the SBA guarantees over $10 billion for loans just like this one.
This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? 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:
Microlending as a Small Business Funding Source
SBA 7A Banks for Casa Grande, Arizona Loans
SBA Arizona Banks