Loan Census Banking News and Information
December 26, 2024  
 
 
  Business Loan Information  
 

Chandler, Arizona Bank Loan

 

 
Loan Census SBA Loan Info

Semiconductor Machinery Manufacturing Business Loans

With these business loans for semiconductor machinery manufacturing, the SBA guarantees the lender that the loan will be repaid. This semiconductor machinery manufacturing loan for $350,000 was given to an Arizona entrepreneur in 2005.

This small business knew how to go about getting a business bank loan. Based in Chandler, Arizona, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Silver State Bank, based in Henderson, Nevada.

SBA Loan Borrower

COMPANY TYPE: SEMICONDUCTOR MACHINERY MANUFACTURING
CHANDLER, AZ 85226

SBA Loan Lender

SILVER STATE BANK
170 S GREEN VALLEY PKWY
HENDERSON, NV 89012

This lender provides SBA guaranteed bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

333295 - Semiconductor Machinery Manufacturing

Loan Approval Date

10/25/2005

Loan Approval Gross Amount

$350,000

Loan Approval from the SBA

Of the total $350,000 loan amount, the SBA guaranteed $262,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help retain 2 existing jobs.

Next Steps for Getting an SBA Loan

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

We can help you find the best banks for small businesses in Chandler or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

The Art of Bootstrapping

SBA Approved Banks in Henderson, Nevada

SBA Nevada Banks