Arizona SBA Loan Issued to Dairy Product Wholesalers Company
Bank loans in Arizona are hard to find these days. We take a look at one Arizona bank loan, provided by a Texas bank, that was approved by the SBA.
You can learn something about getting a small business loan in Phoenix, Arizona by studying this loan to a local company, made back in 2002. Banks like Jpmorgan Chase Bank may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: DAIRY PRODUCT WHOLESALERS
PHOENIX, AZ 85007
SBA Loan Lender
JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002
This lender provides SBA business 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
422430 - Dairy Product Wholesalers
Loan Approval Date
6/6/2002
Loan Approval Gross Amount
$337,500
Loan Approval from the SBA
Of the total $337,500 loan amount, the SBA guaranteed $253,125.
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 50 employees. The loan application indicated that the loan would help generate 5 new jobs and retain 50 existing jobs.
Great, But How Can I Get an SBA Loan for My 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 $337,500 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.
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