Loan Census Banking News and Information
December 21, 2024  
 
 
  Business Loan Information  
 

We Needed a Small Business Loan in Phoenix, Arizona and We Got One!

 

 
Loan Census SBA Loan Info

Financing for Industrial Pattern Manufacturing

With these loans for industrial pattern manufacturing, the SBA guarantees the lender that the loan will be repaid. This industrial pattern manufacturing loan for $32,400 was given to an Arizona entrepreneur in 2006.

Getting a small business loan in Phoenix, Arizona was important for this company back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Desert Schools Fcu, operating out of Phoenix, Arizona. Here are the details on this Arizona small business loan.

SBA Loan Borrower

COMPANY TYPE: INDUSTRIAL PATTERN MANUFACTURING
PHOENIX, AZ 85034

SBA Loan Lender

DESERT SCHOOLS FCU
148 N 48TH ST
PHOENIX, AZ 85034

The lender provided this SBA small business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

332997 - Industrial Pattern Manufacturing

Loan Approval Date

8/16/2006

Loan Approval Gross Amount

$32,400

Loan Approval from the SBA

Of the total $32,400 loan amount, the SBA guaranteed $16,200.

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 loan application indicated that the loan would help generate 1 new job and retain 3 existing jobs.

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

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 $32,400 loan. Remember, anyone can do it... so why not you?

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:

Famous Venture Capitalists

Where to Get an SBA Loan in Phoenix, Arizona

Arizona SBA Banks