Financing for Nonchocolate Confectionery Manufacturing

With these commercial loans for nonchocolate confectionery manufacturing, the SBA guarantees the lender that the loan will be repaid. This nonchocolate confectionery manufacturing loan for $1,249,500 was given to an Arizona entrepreneur in 2007.

This small business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with U.S. Bank National Association, out of Cincinnati, Ohio. The loan was granted and they received $1,249,500 to help grow their Phoenix, Arizona business.

SBA Loan Borrower

COMPANY TYPE: NONCHOCOLATE CONFECTIONERY MANUFACTURING
PHOENIX, AZ 85021

SBA Loan Lender

U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202

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

311340 - Nonchocolate Confectionery Manufacturing

Loan Approval Date

4/12/2007

Loan Approval Gross Amount

$1,249,500

Loan Approval from the SBA

Of the total $1,249,500 loan amount, the SBA guaranteed $937,125.

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 10 employees. The SBA loan application for the borrower indicated that the loan would help retain 10 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like U.S. Bank National Association and they will explain how you can get an SBA loan for your company.

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.

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