Specialty Trade Contractors Commercial Loans
With these commercial loans for specialty trade contractors, the SBA guarantees the lender that the loan will be repaid. This specialty trade contractors loan for $40,000 was given to an Arizona entrepreneur in 2007.
This small business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Mountain America Fcu, out of West Jordan, Utah. The loan was granted and they received $40,000 to help grow their Chandler, Arizona business.
SBA Loan Borrower
COMPANY TYPE: SPECIALTY TRADE CONTRACTORS
CHANDLER, AZ 85226
SBA Loan Lender
MOUNTAIN AMERICA FCU
7181 S CAMPUS VIEW DR
WEST JORDAN, UT 84084
The lender provided this SBA loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
238990 - Specialty Trade Contractors
Loan Approval Date
11/7/2007
Loan Approval Gross Amount
$40,000
Loan Approval from the SBA
Of the total $40,000 loan amount, the SBA guaranteed $20,000.
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 15 employees. The loan application indicated that the loan would help generate 1 new job and retain 16 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great way to raise money
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.
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