Loan Census Banking News and Information
November 23, 2024  
 
 
  Business Loan Information  
 

National Bank Of Arizona

 

 
Loan Census SBA Loan Info

SBA Loan from National Bank Of Arizona Helps Computer Systems Design Services Company

An SBA loan from National Bank Of Arizona typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Gilbert, Arizona business owner got a $527,300 loan.

This small firm received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with National Bank Of Arizona, out of Phoenix, Arizona. The loan was granted and they received $527,300 to help grow their Gilbert, Arizona business.

SBA Loan Borrower

COMPANY TYPE: COMPUTER SYSTEMS DESIGN SERVICES
GILBERT, AZ 85296

SBA Loan Lender

NATIONAL BANK OF ARIZONA
6001 N 24TH ST
PHOENIX, AZ 85016

This lender provides SBA business loans 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

541512 - Computer Systems Design Services

Loan Approval Date

6/29/2001

Loan Approval Gross Amount

$527,300

Loan Approval from the SBA

Of the total $527,300 loan amount, the SBA guaranteed $395,475.

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 21 employees. This SBA loan request indicated that the loan would help generate 40 new jobs and retain 21 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like National Bank Of Arizona are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Obtaining Funding - How to Decide How Much to Raise

Best Banks in Phoenix, Arizona

SBA Lenders in Arizona