SBA Loan from Stearns Bank Arizona Helps Plastics Plumbing Fixture Manufacturing Company

Stearns Bank Arizona has a track record as a leading provider of SBA loans. Find out how this Arizona entrepreneur received an SBA loan from them.

Getting a small business loan in Flagstaff, Arizona was an essential business goal for this firm back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Stearns Bank Arizona, operating out of Scottsdale, Arizona. Here are the details on this Arizona small business loan.

SBA Loan Borrower

COMPANY TYPE: PLASTICS PLUMBING FIXTURE MANUFACTURING
FLAGSTAFF, AZ 86001

SBA Loan Lender

STEARNS BANK ARIZONA
9225 E SHEA BLVD
SCOTTSDALE, AZ 85260

This lender provides SBA loan for small businesses 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

326191 - Plastics Plumbing Fixture Manufacturing

Loan Approval Date

4/14/2003

Loan Approval Gross Amount

$252,000

Loan Approval from the SBA

Of the total $252,000 loan amount, the SBA guaranteed $189,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. 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.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Stearns Bank Arizona had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Stearns Bank Arizona made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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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Good Banks for Small Business in Scottsdale, Arizona

Getting an SBA Loan in Arizona