Loan Census Banking News and Information
November 24, 2024  
 
 
  Business Loan Information  
 

Phoenix, Arizona Bank Loan

 

 
Loan Census SBA Loan Info

Raising Money for Collection Agencies

Looking for business loans for collection agencies? Talk to a banker who works with the SBA. This $228,600 collection agencies loan was issued by an Arizona bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Phoenix, Arizona was able to borrow $228,600 from Sunrise Bank Of Arizona. The SBA made the loan possible by guaranteeing $171,450 of this Arizona small business loan.

SBA Loan Borrower

COMPANY TYPE: COLLECTION AGENCIES
PHOENIX, AZ 85301

SBA Loan Lender

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

This lender provides SBA guaranteed bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561440 - Collection Agencies

Loan Approval Date

6/25/2003

Loan Approval Gross Amount

$228,600

Loan Approval from the SBA

Of the total $228,600 loan amount, the SBA guaranteed $171,450.

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 8 employees. The SBA loan documents indicated that the loan would help retain 8 existing jobs.

Start the Process for Getting an SBA Loan Today!

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

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Sunrise Bank Of Arizona so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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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