Loan Census Banking News and Information
December 21, 2024  
 
 
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Phoenix Bank Loan

 

 
Loan Census SBA Loan Info

Phoenix, Arizona Bank Gives SBA Loan to Chiropractors Company

Thinking about meeting with a Phoenix, Arizona bank about an SBA loan? Here's one Arizona business loan, issued by a Phoenix bank, that was approved by the SBA.

Applying for an SBA loan with Cobiz Bank worked out well for our friends at one local firm in Phoenix, Arizona. They got an SBA loan for $24,500. Way to go!

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
PHOENIX, AZ 85048

SBA Loan Lender

COBIZ BANK
2700 N CENTRAL AVE, STE 110
PHOENIX, AZ 85004

This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621310 - Chiropractors

Loan Approval Date

12/9/2003

Loan Approval Gross Amount

$24,500

Loan Approval from the SBA

Of the total $24,500 loan amount, the SBA guaranteed $20,825.

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 9 employees. The SBA loan application for the borrower indicated that the loan would help retain 9 existing jobs.

Getting an SBA Loan For Your Business

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

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $24,500 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Business Line of Credit

SBA Approved Banks in Phoenix, Arizona

Find an SBA Lender in Arizona