Phoenix, Arizona Entrepreneur Gets a Small Business Loan

Bank loans in Arizona are hard to find these days. We take a look at one Arizona bank loan, provided by a California bank, that was approved by the SBA.

Getting a small business loan in Phoenix, Arizona was a top priority for this loan applicant back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Sterling Savings Bank. Here are the details on this Arizona small business loan.

SBA Loan Borrower

COMPANY TYPE: DENTAL LABORATORIES
PHOENIX, AZ 85016

SBA Loan Lender

STERLING SAVINGS BANK
801 FOURTH ST
SANTA ROSA, CA 95404

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.

SIC Code

8072 - Dental Laboratories

NAICS Code

339116 - Dental Laboratories

Loan Approval Date

6/30/2000

Loan Approval Gross Amount

$179,000

Loan Approval from the SBA

Of the total $179,000 loan amount, the SBA guaranteed $134,250.

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 7 employees. This SBA loan request indicated that the loan would help generate 5 new jobs and retain 7 existing jobs.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

This SBA loan was for $179,000. How would you spend $179,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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