Scottsdale, Arizona Bank Lends Money to Full-Service Restaurants Company in Phoenix, Arizona
Want to talk with a Scottsdale, Arizona bank about a small business loan? Here's one Arizona business loan, issued by a Scottsdale bank, that was approved by the SBA.
Applying for an SBA loan with First National Bank Of Arizona worked out well for our friends at one local firm in Phoenix, Arizona. They got an SBA loan for $700,000. Sweet!
SBA Loan Borrower
COMPANY TYPE: FULL-SERVICE RESTAURANTS
PHOENIX, AZ 85015
SBA Loan Lender
FIRST NATIONAL BANK OF ARIZONA
17600 N PERIMETER DR
SCOTTSDALE, AZ 85255
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
722110 - Full-Service Restaurants
Loan Approval Date
7/13/2007
Loan Approval Gross Amount
$700,000
Loan Approval from the SBA
Of the total $700,000 loan amount, the SBA guaranteed $525,000.
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 15 employees. The loan application indicated that the loan would help retain 15 existing jobs.
Getting an SBA Loan For Your Business
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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:
Financing Your Business
SBA Banks in Scottsdale, Arizona
Where to Get an SBA Loan Arizona