Where to Get Capital for Financial Investment Activities
Looking for small business loans for financial investment activities? Try the SBA. This $330,300 financial investment activities loan was issued by an Arizona bank.
This small firm knew how to go about getting a business bank loan. Based in Mesa, Arizona, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Wells Fargo Bank, based in Phoenix, Arizona.
SBA Loan Borrower
COMPANY TYPE: FINANCIAL INVESTMENT ACTIVITIES
MESA, AZ 85201
SBA Loan Lender
WELLS FARGO BANK
100 W WASHINGTON ST
PHOENIX, AZ 85003
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
523999 - Financial Investment Activities
Loan Approval Date
10/13/2000
Loan Approval Gross Amount
$330,300
Loan Approval from the SBA
Of the total $330,300 loan amount, the SBA guaranteed $247,725.
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 70 employees. This SBA loan request indicated that the loan would help generate 20 new jobs and retain 70 existing jobs.
Start the Process for Getting an SBA Loan Today!
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Wells Fargo Bank 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:
Small Business Credit Cards
Find an SBA Lender in Phoenix, Arizona
SBA Arizona Banks