Financing for Mental Health Practitioners

With these commercial loans for mental health practitioners, the SBA guarantees the lender that the loan will be repaid. This mental health practitioners loan for $414,700 was given to an Arizona entrepreneur in 2004.

This small business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with First National Bank Of Arizona, out of Phoenix, Arizona. The loan was granted and they received $414,700 to help grow their Mesa, Arizona business.

SBA Loan Borrower

COMPANY TYPE: MENTAL HEALTH PRACTITIONERS
MESA, AZ 85210

SBA Loan Lender

FIRST NATIONAL BANK OF ARIZONA
12221 N TATUM BLVD
PHOENIX, AZ 85032

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

621330 - Mental Health Practitioners

Loan Approval Date

10/4/2004

Loan Approval Gross Amount

$414,700

Loan Approval from the SBA

Of the total $414,700 loan amount, the SBA guaranteed $311,025.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 3 employees. The SBA loan application for the borrower indicated that the loan would help retain 3 existing jobs.

Next Steps for Getting an SBA Loan

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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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