Outpatient Mental Health and Substance Abuse Centers Commercial Loans
With these commercial loans for outpatient mental health and substance abuse centers, the SBA guarantees the lender that the loan will be repaid. This outpatient mental health and substance abuse centers loan for $299,900 was given to an Arizona entrepreneur in 2005.
This business received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with First National Bank Of Arizona, out of Scottsdale, Arizona. The loan was granted and they received $299,900 to help grow their Phoenix, Arizona business.
SBA Loan Borrower
COMPANY TYPE: OUTPATIENT MENTAL HEALTH AND SUBSTANCE ABUSE CENTERS
PHOENIX, AZ 85044
SBA Loan Lender
FIRST NATIONAL BANK OF ARIZONA
17600 N PERIMETER DR
SCOTTSDALE, AZ 85255
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
621420 - Outpatient Mental Health and Substance Abuse Centers
Loan Approval Date
2/24/2005
Loan Approval Gross Amount
$299,900
Loan Approval from the SBA
Of the total $299,900 loan amount, the SBA guaranteed $224,925.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 4 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
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 First National Bank Of Arizona 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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