Phoenix, Arizona Bank Lends Money to Business Services Company in Phoenix, Arizona
Get SBA loans from a Phoenix, Arizona bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.
Western National Bank is a Phoenix, Arizona small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to an Arizona company.
SBA Loan Borrower
COMPANY TYPE: BUSINESS SERVICES
PHOENIX, AZ 85016
SBA Loan Lender
WESTERN NATIONAL BANK
2525 E CAMELBACK RD, STE 100
PHOENIX, AZ 85016
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7389 - Business Services
NAICS Code
541990 - Professional, Scientific, and Technical Services
Loan Approval Date
7/21/2005
Loan Approval Gross Amount
$352,500
Loan Approval from the SBA
Of the total $352,500 loan amount, the SBA guaranteed $264,375.
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 10 employees. The SBA loan application for the borrower did not indicate that the company promised to use the funding to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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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