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December 22, 2024  
 
 
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Loan Census SBA Loan Info

Show Low, Arizona Bank Lends Money to Meat Packing Plants Company in Lakeside, Arizona

Want to talk with a Show Low, Arizona bank about a small business loan? Here's one Arizona business loan, issued by a Show Low bank, that was approved by the SBA.

Applying for an SBA loan with National Bank Of Arizona worked out well for our friends at one local firm in Lakeside, Arizona. The business was able to get an SBA loan for $160,000. Nice!

SBA Loan Borrower

COMPANY TYPE: MEAT PACKING PLANTS
LAKESIDE, AZ 85929

SBA Loan Lender

NATIONAL BANK OF ARIZONA
902 E DEUCE OF CLUBS
SHOW LOW, AZ 85901

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide commercial loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2011 - Meat Packing Plants

NAICS Code

311611 - Animal Slaughtering

Loan Approval Date

6/14/2000

Loan Approval Gross Amount

$160,000

Loan Approval from the SBA

Of the total $160,000 loan amount, the SBA guaranteed $120,000.

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 2 employees. The loan application did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like National Bank Of Arizona that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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 Friends and Family Network

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