Loans for Rubber Product Manufacturing

Looking for loans for rubber product manufacturing? Talk to a banker who works with the SBA. This $556,200 rubber product manufacturing loan was issued by an Arizona bank.

This company received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with National Bank Of Arizona, out of Phoenix, Arizona. The loan was granted and they received $556,200 to help grow their Chandler, Arizona business.

SBA Loan Borrower

COMPANY TYPE: RUBBER PRODUCT MANUFACTURING
CHANDLER, AZ 85226

SBA Loan Lender

NATIONAL BANK OF ARIZONA
6001 N 24TH ST
PHOENIX, AZ 85016

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

326299 - Rubber Product Manufacturing

Loan Approval Date

12/23/2004

Loan Approval Gross Amount

$556,200

Loan Approval from the SBA

Of the total $556,200 loan amount, the SBA guaranteed $417,150.

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 18 employees. The SBA loan documents indicated that the loan would help retain 18 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

Angel Investors

Where to Get an SBA Loan in Phoenix, Arizona

SBA Lenders in Arizona