Los Lunas, New Mexico Business Gets SBA-Guaranteed Funding from Sunrise Bank Of Arizona
An SBA loan from Sunrise Bank Of Arizona typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Los Lunas, New Mexico business owner got a $233,000 loan.
Getting a small business loan in Los Lunas, New Mexico was an essential business goal for this firm back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Sunrise Bank Of Arizona, operating out of Phoenix, Arizona. Here are the details on this New Mexico small business loan.
SBA Loan Borrower
COMPANY TYPE: RADIO, TELEVISION, AND ELECTRONICS STORES
LOS LUNAS, NM 87031
SBA Loan Lender
SUNRISE BANK OF ARIZONA
4350 E CAMELBACK RD, STE 100
PHOENIX, AZ 85018
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
443112 - Radio, Television, and Electronics Stores
Loan Approval Date
8/14/2003
Loan Approval Gross Amount
$233,000
Loan Approval from the SBA
Of the total $233,000 loan amount, the SBA guaranteed $174,750.
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 5 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 7 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you want money for new small business in Los Lunas NM, you ought to talk with a local Los Lunas SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Los Lunas businesses.
If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Sunrise Bank Of Arizona so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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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