Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Phoenix, Arizona Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Phoenix, Arizona Entrepreneur Gets an SBA Loan

SBA loans in Arizona are are few and far betweeen 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 Phoenix, Arizona was a top priority for this particular business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Sunrise Bank Of Arizona. Here are the details on this Arizona small business loan.

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
PHOENIX, AZ 85018

SBA Loan Lender

SUNRISE BANK OF ARIZONA
4350 E CAMELBACK RD, STE 100
PHOENIX, AZ 85018

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621310 - Chiropractors

Loan Approval Date

3/15/2005

Loan Approval Gross Amount

$296,200

Loan Approval from the SBA

Of the total $296,200 loan amount, the SBA guaranteed $222,150.

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 6 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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 Much Venture Capital Is There?

Good Banks for Small Business in Phoenix, Arizona

SBA Arizona Lenders