Loan Census Banking News and Information
December 18, 2024  
 
 
  Business Loan Information  
 

SBA 7A Banks for Henderson Entrepreneurs

 

 
Loan Census SBA Loan Info

Raising Money for Services for the Elderly and Persons with Disabilities

Looking for business loans for services for the elderly and persons with disabilities? Try the SBA. This $299,700 services for the elderly and persons with disabilities loan was issued by an Arizona bank.

Getting a small business loan in Henderson, Texas was important for this small business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from First National Bank Of Arizona, operating out of Scottsdale, Arizona. Here are the details on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: SERVICES FOR THE ELDERLY AND PERSONS WITH DISABILITIES
HENDERSON, TX 75652

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.

NAICS Code

624120 - Services for the Elderly and Persons with Disabilities

Loan Approval Date

3/4/2005

Loan Approval Gross Amount

$299,700

Loan Approval from the SBA

Of the total $299,700 loan amount, the SBA guaranteed $224,775.

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 loan application indicated that the loan would help generate 5 new jobs and retain 10 existing jobs.

Start the Process for Getting an SBA Loan Today!

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

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. First National Bank Of Arizona had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, First National Bank Of Arizona made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

The Art of Bootstrapping

Best Scottsdale, Arizona Banks for Small Business

Getting a Business Loan in Arizona