Scottsdale, Arizona Lender Lends Money to Full-Service Restaurants Company
Want to talk with a Scottsdale, Arizona bank about an SBA loan? Here's one Texas business loan, issued by a Scottsdale bank, that was approved by the SBA.
Applying for an SBA loan with First National Bank Of Arizona worked out well for our friends at one local firm in Houston, Texas. The business was able to get an SBA loan for $700,400. Awesome!
SBA Loan Borrower
COMPANY TYPE: FULL-SERVICE RESTAURANTS
HOUSTON, TX 77007
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
722110 - Full-Service Restaurants
Loan Approval Date
11/30/2006
Loan Approval Gross Amount
$700,400
Loan Approval from the SBA
Of the total $700,400 loan amount, the SBA guaranteed $525,300.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 15 new jobs and retain 1 existing job.
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.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $700,400 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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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