Entrepreneur Works With Casa Grande, Arizona Bank to Get an SBA Loan
Want to talk with a Casa Grande, Arizona bank about a small business loan? Here's one Arizona business loan, issued by a Casa Grande bank, that was approved by the SBA.
Applying for an SBA loan with Great Western Bank worked out well for our friends at one local company in Maricopa, Arizona. They got an SBA loan for $366,300. Nice!
SBA Loan Borrower
COMPANY TYPE: WATER WELL DRILLING CONTRACTORS
MARICOPA, AZ 85239
SBA Loan Lender
GREAT WESTERN BANK
1300 E FLORENCE BLVD
CASA GRANDE, AZ 85222
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
235810 - Water Well Drilling Contractors
Loan Approval Date
12/21/2005
Loan Approval Gross Amount
$366,300
Loan Approval from the SBA
Of the total $366,300 loan amount, the SBA guaranteed $274,725.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 3 employees. The loan application indicated that the loan would help generate 3 new jobs and retain 3 existing jobs.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Great Western Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Great Western Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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:
Business Incubators
Best Casa Grande, Arizona Banks for Small Business
SBA Lenders in Arizona