Loan Census Banking News and Information
November 23, 2024  
 
 
  Business Loan Information  
 

Good Sources for Phoenix SBA Loans

 

 
Loan Census SBA Loan Info

Loan to Buy Capriotti Franchise Issued By Alliance Bank Of Arizona

Need a loan to invest in a Capriotti franchise? Alliance Bank Of Arizona has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Phoenix, Arizona needed money to invest in a Capriotti franchise back in 2006. Alliance Bank Of Arizona issued an SBA franchise loan. Here are the details on this Arizona small business loan.

SBA Loan Borrower

CAPRIOTTI'S SANDWICH SHOP
PHOENIX, AZ 85037

SBA Loan Lender

ALLIANCE BANK OF ARIZONA
2701 E CAMELBACK RD, STE 110
PHOENIX, AZ 85018

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

7/6/2006

Loan Approval Gross Amount

$205,000

Loan Approval from the SBA

Of the total $205,000 loan amount, the SBA guaranteed $153,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Capriotti franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 3 new jobs and retain 1 existing job.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

We can help you find the best banks for small businesses in Phoenix or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Capriotti

Determining Proper Capital Structure for a Business

SBA 7A Lenders in Phoenix, Arizona

Find an SBA Lender in Arizona