Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

Chandler, Arizona Bank Loan

 

 
Loan Census SBA Loan Info

Arizona Entrepreneur Secures Financing to Buy Woodcraft Franchise Corporation Franchise

Need a loan to purchase a Woodcraft Franchise Corporation franchise? Alliance Bank Of Arizona has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Chandler, Arizona needed money to invest in a Woodcraft Franchise Corporation franchise back in 2007. Alliance Bank Of Arizona issued an SBA franchise loan. Here are the details on this Arizona small business loan.

SBA Loan Borrower

WOODCRAFT
CHANDLER, AZ 85225

SBA Loan Lender

ALLIANCE BANK OF ARIZONA
2701 E CAMELBACK RD, STE 110
PHOENIX, AZ 85018

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

452990 - General Merchandise Stores

Loan Approval Date

9/27/2007

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $42,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Woodcraft Franchise Corporation franchise. At the time of the loan, the company had 10 employees. This SBA loan request indicated that the loan would help retain 10 existing jobs.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Alliance Bank Of Arizona so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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

Best Banks for Small Business in Phoenix, Arizona

Arizona SBA 7A Banks