National Bank Of Arizona Gives Business Loan to Building Equipment Installation Company

Bank loans in California are are few and far betweeen these days. We take a look at one California bank loan, provided by an Arizona bank, that was approved by the SBA.

This business, based in Los Alamitos, California, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from National Bank Of Arizona. We've got the inside scoop on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: BUILDING EQUIPMENT INSTALLATION
LOS ALAMITOS, CA 90720

SBA Loan Lender

NATIONAL BANK OF ARIZONA
335 N WILMOT RD
TUCSON, AZ 85711

This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

SIC Code

1796 - Building Equipment Installation

NAICS Code

235950 - Building Equipment and Machinery Installation Contractors

Loan Approval Date

8/2/2000

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

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 7 employees. This SBA loan request indicated that the loan would help retain 7 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you are working on finding money to start a business in Los Alamitos CA, you ought to talk with a local Los Alamitos SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Los Alamitos businesses.

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.

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