Arizona SBA Loan Issued to Full-Service Restaurants Company

Would an Arizona small business loan help your small business to grow and prosper? If so, you may want to talk with this Arizona bank, which offers SBA loans to Arizona entrepreneurs.

This company, based in Goodyear (litchdield), Arizona, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from National Bank Of Arizona. We've got the inside scoop on this Arizona small business loan.

SBA Loan Borrower

COMPANY TYPE: FULL-SERVICE RESTAURANTS
GOODYEAR (LITCHDIELD), AZ 85338

SBA Loan Lender

NATIONAL BANK OF ARIZONA
335 N WILMOT RD
TUCSON, AZ 85711

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

722110 - Full-Service Restaurants

Loan Approval Date

8/1/2007

Loan Approval Gross Amount

$595,500

Loan Approval from the SBA

Of the total $595,500 loan amount, the SBA guaranteed $446,625.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 69 employees. The SBA loan documents indicated that the loan would help generate 65 new jobs and retain 4 existing jobs.

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

Many small businesses receive loans backed by the U.S. Small Business Administration.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:

Getting a Small Business Loan

SBA 7A Banks in Tucson, Arizona

Where to Get an SBA Loan Arizona