Get an SBA Loan for Used Car Dealers
Looking for bank loans for used car dealers? An SBA loan may be just what you've been looking for. This $120,000 used car dealers loan was issued by an Arizona bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Flagstaff, Arizona was able to borrow $120,000 from Wells Fargo Bank. The SBA made the loan possible by guaranteeing $102,000 of this Arizona small business loan.
SBA Loan Borrower
COMPANY TYPE: USED CAR DEALERS
FLAGSTAFF, AZ 86001
SBA Loan Lender
WELLS FARGO BANK
100 W WASHINGTON ST
PHOENIX, AZ 85003
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
441120 - Used Car Dealers
Loan Approval Date
3/23/2001
Loan Approval Gross Amount
$120,000
Loan Approval from the SBA
Of the total $120,000 loan amount, the SBA guaranteed $102,000.
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 4 employees. This SBA loan request indicated that the loan would help create 4 new jobs.
Getting an SBA Loan For Your Business
Every year, the SBA guarantees over $10 billion for loans just like this one.
We can help you find the best banks for small businesses in Flagstaff or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
A Company That Helps Entrepreneurs
Banks in Phoenix, Arizona
SBA Arizona Lenders