Labor Unions and Similar Labor Organizations Loans

With these loans for labor unions and similar labor organizations, the SBA guarantees the lender that the loan will be repaid. This labor unions and similar labor organizations loan for $171,000 was given to an Arizona entrepreneur in 2002.

Getting a small business loan in Phoenix, Arizona was important for this company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Bank Of The West, operating out of Truckee, California. Here are the details on this Arizona small business loan.

SBA Loan Borrower

COMPANY TYPE: LABOR UNIONS AND SIMILAR LABOR ORGANIZATIONS
PHOENIX, AZ 85013

SBA Loan Lender

BANK OF THE WEST
10181 TRUCKEE TAHOE AIRPORT R
TRUCKEE, CA 96161

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

813930 - Labor Unions and Similar Labor Organizations

Loan Approval Date

11/25/2002

Loan Approval Gross Amount

$171,000

Loan Approval from the SBA

Of the total $171,000 loan amount, the SBA guaranteed $128,250.

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 86 employees. This SBA loan request indicated that the loan would help generate 46 new jobs and retain 40 existing jobs.

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

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

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:

Getting a Small Business Loan

Small Business Banks in Truckee, California

SBA California Banks