Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

Phoenix, Arizona Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Bank Loans for Fish and Seafood Markets

Looking for bank loans for fish and seafood markets? Try the SBA. This $486,600 fish and seafood markets loan was issued by a California bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Phoenix, Arizona was able to borrow $486,600 from Sterling Savings Bank. The SBA made the loan possible by guaranteeing $364,950 of this Arizona small business loan.

SBA Loan Borrower

COMPANY TYPE: FISH AND SEAFOOD MARKETS
PHOENIX, AZ 85016

SBA Loan Lender

STERLING SAVINGS BANK
801 FOURTH ST
SANTA ROSA, CA 95404

This lender provides SBA debt financing 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

445220 - Fish and Seafood Markets

Loan Approval Date

1/24/2001

Loan Approval Gross Amount

$486,600

Loan Approval from the SBA

Of the total $486,600 loan amount, the SBA guaranteed $364,950.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 5 employees. The SBA loan application for the borrower indicated that the loan would help generate 10 new jobs and retain 5 existing jobs.

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

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $486,600 loan. Remember, if it to be, it is up to me!

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 Equity Dilution Works

Small Bank Loans in Santa Rosa, California

Getting an SBA Loan in California