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November 21, 2024  
 
 
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Advice for Borrowing Money to Buy a Franchise

 

 
Loan Census SBA Loan Info

First National Bank Of Arizona Provides SBA Loan to Buy J. D. Byrider Franchise

Need a loan to buy a J. D. Byrider franchise? First National Bank Of Arizona has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Glendale, Arizona needed money to invest in a J. D. Byrider franchise back in 2000. First National Bank Of Arizona issued an SBA franchise loan. Here are the details on this Arizona small business loan.

SBA Loan Borrower

J D BYRIDER SALES
GLENDALE, AZ 85301

SBA Loan Lender

FIRST NATIONAL BANK OF ARIZONA
17600 N PERIMETER DR
SCOTTSDALE, AZ 85255

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.

SIC Code

5521 - Motor Vehicle Dealers

NAICS Code

441120 - Used Car Dealers

Loan Approval Date

1/7/2000

Loan Approval Gross Amount

$105,000

Loan Approval from the SBA

Of the total $105,000 loan amount, the SBA guaranteed $78,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a J. D. Byrider franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.

Next Steps for Getting an SBA Loan

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

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $105,000 loan. Remember, if it to be, it is up to me!

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:

J.D. Byrider Systems, Inc.

Famous Venture Capitalists

SBA Participating Banks in Scottsdale, Arizona

Arizona SBA Bank Lenders