Arizona Business Loan Issued to General Freight Trucking, Local Company
ArizonaBank loans are available to Arizona firms through the SBA. In this case, an Arizona bank provides the loan.
By giving the right information to Alliance Bank Of Arizona, this Phoenix, Arizona business was able to get an SBA loan. To get this loan, the entrepreneur gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back.
SBA Loan Borrower
COMPANY TYPE: GENERAL FREIGHT TRUCKING, LOCAL
PHOENIX, AZ 85009
SBA Loan Lender
ALLIANCE BANK OF ARIZONA
2701 E CAMELBACK RD, STE 110
PHOENIX, AZ 85018
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.
NAICS Code
484110 - General Freight Trucking, Local
Loan Approval Date
12/8/2005
Loan Approval Gross Amount
$108,000
Loan Approval from the SBA
Of the total $108,000 loan amount, the SBA guaranteed $91,800.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 3 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs.
Next Steps for Getting an SBA Loan
If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great way to raise money
If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Alliance Bank Of Arizona so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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
SBA Approved Banks in Phoenix, Arizona
SBA Lenders in Arizona