Business Loans for Electrical Contractors

With these business loans for electrical contractors, the SBA guarantees the lender that the loan will be repaid. This electrical contractors loan for $210,800 was given to an Arizona entrepreneur in 2000.

Getting a small business loan in Flagstaff, Arizona was important for this business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from First State Bank, operating out of Flagstaff, Arizona. Here are the details on this Arizona small business loan.

SBA Loan Borrower

COMPANY TYPE: ELECTRICAL WORK
FLAGSTAFF, AZ 86001

SBA Loan Lender

FIRST STATE BANK
1750 S WOODLANDS VILLAGE BLVD
FLAGSTAFF, AZ 86001

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA business loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

1731 - Electrical Work

NAICS Code

235310 - Electrical Contractors

Loan Approval Date

4/6/2000

Loan Approval Gross Amount

$210,800

Loan Approval from the SBA

Of the total $210,800 loan amount, the SBA guaranteed $126,480.

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 7 employees. This SBA loan request did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you are wondering how to find money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $210,800 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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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