Loan Census Banking News and Information
December 4, 2024  
 
 
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Phoenix, Arizona SBA Lenders

 

 
Loan Census SBA Loan Info

Phoenix, Arizona Lender Lends Money to Exterminating And Pest Control Services Company

Want to talk with a Phoenix, Arizona bank about a small business loan? Here's one Arizona business loan, issued by a Phoenix bank, that was approved by the SBA.

Applying for an SBA loan with Arizona Central Cu worked out well for our friends at one local firm in Phoenix, Arizona. They got an SBA loan for $75,000. Awesome!

SBA Loan Borrower

COMPANY TYPE: EXTERMINATING AND PEST CONTROL SERVICES
PHOENIX, AZ 85022

SBA Loan Lender

ARIZONA CENTRAL CU
2020 N CENTRAL AVE STE 800
PHOENIX, AZ 85004

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

561710 - Exterminating and Pest Control Services

Loan Approval Date

1/17/2007

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $37,500.

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 only one employee. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 1 existing job.

Great, But How Can I Get an SBA Loan for My Business?

Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Arizona Central Cu and they will explain how you can get an SBA loan for your company.

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:

Obtaining Funding - Friends and Family

Find an SBA Lender in Phoenix, Arizona

SBA Participating Banks in Arizona