Get an SBA Loan for Video Tape and Disc Rental
With these loans for video tape and disc rental, the SBA guarantees the lender that the loan will be repaid. This video tape and disc rental loan for $72,000 was given to a Nevada entrepreneur in 2000.
This company knew how to go about getting a business bank loan. Based in Laughlin, Nevada, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was First National Bank Of Arizona, based in Scottsdale, Arizona.
SBA Loan Borrower
COMPANY TYPE: VIDEO TAPE RENTAL
LAUGHLIN, NV 89023
SBA Loan Lender
FIRST NATIONAL BANK OF ARIZONA
7139 E SHEA BLVD
SCOTTSDALE, AZ 85254
The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide commercial loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7841 - Video Tape Rental
NAICS Code
532230 - Video Tape and Disc Rental
Loan Approval Date
1/6/2000
Loan Approval Gross Amount
$72,000
Loan Approval from the SBA
Of the total $72,000 loan amount, the SBA guaranteed $57,600.
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 SBA loan documents did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.
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.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like First National Bank Of Arizona are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:
VC Firms on Twitter
SBA 7A Lenders in Scottsdale, Arizona
Getting an SBA Loan in Arizona