Holbrook, Arizona Entrepreneur Gets an SBA Loan
Would an Arizona business loan help your company expand? If so, you may want to talk with this California bank, which offers SBA loans to Arizona entrepreneurs.
Getting a small business loan in Holbrook, Arizona was a top priority for this SBA-financed company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Mission Oaks National Bank. Here are the details on this Arizona small business loan.
SBA Loan Borrower
COMPANY TYPE: HOTELS AND MOTELS
HOLBROOK, AZ 86025
SBA Loan Lender
MISSION OAKS NATIONAL BANK
41530 ENTERPRISE CIR, STE 100
TEMECULA, CA 92590
This lender provides SBA 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
721110 - Hotels and Motels
Loan Approval Date
5/24/2007
Loan Approval Gross Amount
$1,850,500
Loan Approval from the SBA
Of the total $1,850,500 loan amount, the SBA guaranteed $1,387,875.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 8 employees. The SBA loan documents indicated that the loan would help retain 8 existing jobs.
Next Steps for Getting an SBA Loan
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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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