SBA Loans for Air-Conditioning and Warm Air Heating Equipment

Looking for SBA loans for air-conditioning and warm air heating equipment? Try the SBA. This $1,928,000 air-conditioning and warm air heating equipment loan was issued by an Arizona bank.

This small business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Copper Star Bank, out of Scottsdale, Arizona. The loan was granted and they received $1,928,000 to help grow their Phoenix, Arizona business.

SBA Loan Borrower

COMPANY TYPE: AIR-CONDITIONING, REFRIGERATION AND HEATING
PHOENIX, AZ 85040

SBA Loan Lender

COPPER STAR BANK
7555 E REDFIELD RD
SCOTTSDALE, AZ 85260

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan for a small business was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3585 - Air-Conditioning, Refrigeration and Heating

NAICS Code

333415 - Air-Conditioning and Warm Air Heating Equipment

Loan Approval Date

4/24/2003

Loan Approval Gross Amount

$1,928,000

Loan Approval from the SBA

Of the total $1,928,000 loan amount, the SBA guaranteed $999,996.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 75 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Copper Star Bank and they will explain how you can get an SBA loan for your company.

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:

How Equity Dilution Works

Small Business Banks in Scottsdale, Arizona

SBA Lenders in Arizona