Chandler, Arizona Entrepreneur Gets an SBA Loan
Small business loans in Arizona are tough to come by these days. We take a look at one Arizona small business loan, provided by an Arizona bank, that was approved by the SBA.
Getting a small business loan in Chandler, Arizona was a top priority for this small company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Sunrise Bank Of Arizona. Here are the details on this Arizona small business loan.
SBA Loan Borrower
COMPANY TYPE: SPORTING AND ATHLETIC GOODS MANUFACTURING
CHANDLER, AZ 85242
SBA Loan Lender
SUNRISE BANK OF ARIZONA
4350 E CAMELBACK RD, STE 100
PHOENIX, AZ 85018
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
339920 - Sporting and Athletic Goods Manufacturing
Loan Approval Date
2/8/2002
Loan Approval Gross Amount
$283,500
Loan Approval from the SBA
Of the total $283,500 loan amount, the SBA guaranteed $212,625.
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 13 employees. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 16 existing jobs.
Start the Process for Getting an SBA Loan Today!
Every year, the SBA guarantees over $10 billion for loans just like this one.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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 Friends and Family Network
Find an SBA Lender in Phoenix, Arizona
Arizona SBA 7A Lenders