Scottsdale, Arizona Bank Gives SBA Loan to Physicians Company
Thinking about meeting with a Scottsdale, Arizona bank about an SBA loan? Here's one Arizona business loan, issued by a Scottsdale bank, that was approved by the SBA.
Applying for an SBA loan with First National Bank Of Arizona worked out well for our friends at one local business in Gilbert, Arizona. They received an SBA loan for $1,093,800. Nice!
SBA Loan Borrower
COMPANY TYPE: PHYSICIANS
GILBERT, AZ 85234
SBA Loan Lender
FIRST NATIONAL BANK OF ARIZONA
17600 N PERIMETER DR
SCOTTSDALE, AZ 85255
This lender provides SBA commercial 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
621111 - Physicians
Loan Approval Date
9/29/2006
Loan Approval Gross Amount
$1,093,800
Loan Approval from the SBA
Of the total $1,093,800 loan amount, the SBA guaranteed $820,350.
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 10 employees. The SBA loan application for the borrower indicated that the loan would help retain 10 existing jobs.
Getting an SBA Loan For Your Business
The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.
While you may be able to find other ways to get money to start a business, 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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Banks in Scottsdale, Arizona
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