Arizona Small Business Loan Issued to Physicians Company
SBA loans in Arizona are tough to come by these days. We take a look at one Arizona SBA loan, provided by an Arizona bank, that was approved by the SBA.
Getting a small business loan in Mesa, Arizona was a top priority for this particular business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from National Bank Of Arizona. Here are the details on this Arizona small business loan.
SBA Loan Borrower
COMPANY TYPE: PHYSICIANS
MESA, AZ 85204
SBA Loan Lender
NATIONAL BANK OF ARIZONA
335 N WILMOT RD
TUCSON, AZ 85711
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
621111 - Physicians
Loan Approval Date
12/21/2006
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $75,000.
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 6 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from National 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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