Globe, Arizona Business Gets SBA-Guaranteed Funding from National Bank Of Arizona
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 Globe, Arizona business owner got a $579,100 loan.
This small firm knew how to go about getting a business bank loan. Based in Globe, Arizona, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was National Bank Of Arizona, based in Phoenix, Arizona.
SBA Loan Borrower
COMPANY TYPE: OFFICES AND CLINICS OF DENTISTS
GLOBE, AZ 85539
SBA Loan Lender
NATIONAL BANK OF ARIZONA
6001 N 24TH ST
PHOENIX, AZ 85016
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8021 - Offices and Clinics of Dentists
NAICS Code
621210 - Dentists
Loan Approval Date
9/19/2000
Loan Approval Gross Amount
$579,100
Loan Approval from the SBA
Of the total $579,100 loan amount, the SBA guaranteed $434,325.
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 5 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 5 existing jobs.
Start the Process for Getting an SBA Loan Today!
Many small businesses receive loans backed by the U.S. Small Business Administration.
SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into National Bank Of Arizona and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!
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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