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

SBA Lender Scottsdale, Arizona

 

 
Loan Census SBA Loan Info

Scottsdale, Arizona Bank Lends Money to Wood Kitchen Cabinet And Countertop Manufacturing Company in Fountain Hills, Arizona

Get SBA loans from a Scottsdale, Arizona bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.

Stearns Bank Arizona is a Scottsdale, Arizona small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to an Arizona company.

SBA Loan Borrower

COMPANY TYPE: WOOD KITCHEN CABINET AND COUNTERTOP MANUFACTURING
FOUNTAIN HILLS, AZ 85268

SBA Loan Lender

STEARNS BANK ARIZONA
9225 E SHEA BLVD
SCOTTSDALE, AZ 85260

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

337110 - Wood Kitchen Cabinet and Countertop Manufacturing

Loan Approval Date

7/21/2004

Loan Approval Gross Amount

$1,812,000

Loan Approval from the SBA

Of the total $1,812,000 loan amount, the SBA guaranteed $1,359,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 14 employees. The SBA loan documents indicated that the loan would help retain 14 existing jobs.

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

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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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