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December 21, 2024 |
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| Home > Small Business Lenders by State > Arizona Business Loan Sources > Henderson, Business Loans > Washington Mutual Bank Henderson Business Loans > Manufactured Home Dealers Loan | ||||
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SBA Lender Phoenix Arizona
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Financing for Manufactured Home DealersWith these commercial loans for manufactured home dealers, the SBA guarantees the lender that the loan will be repaid. This manufactured home dealers loan for $187,000 was given to an Arizona entrepreneur in 2002. Getting a small business loan in Phoenix, Arizona was important for this business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Washington Mutual Bank, operating out of Henderson, Nevada. Here are the details on this Arizona small business loan. SBA Loan Borrower COMPANY TYPE: MANUFACTURED HOME DEALERS SBA Loan Lender WASHINGTON MUTUAL BANK 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 453930 - Manufactured Home Dealers Loan Approval Date 5/30/2002 Loan Approval Gross Amount $187,000 Loan Approval from the SBA Of the total $187,000 loan amount, the SBA guaranteed $140,250. 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 only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Washington Mutual Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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 - How to Borrow Money SBA Participating Banks in Henderson, Nevada
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