Phoenix, AZ Entrepreneur Gets SBA Loan to Buy 1-800-Radiator Franchise
Need money to buy a 1-800-Radiator franchise? National Bank Of Arizona has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a 1-800-Radiator franchise is doable. In 2008, National Bank Of Arizona issued an SBA franchise loan to an entrepreneur in Phoenix, Arizona. Because 1-800-Radiator was registered with the SBA's registry of franchises, this Arizona small business loan was issued on an expedited basis.
SBA Loan Borrower
PJM ENTERPRISES LLC DBA 1-800
PHOENIX, AZ 85020
SBA Loan Lender
NATIONAL BANK OF ARIZONA
335 N WILMOT RD
TUCSON, AZ 85711
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
441310 - Automotive Parts and Accessories Stores
Loan Approval Date
1/8/2008
Loan Approval Gross Amount
$319,000
Loan Approval from the SBA
Of the total $319,000 loan amount, the SBA guaranteed $239,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a 1-800-Radiator franchise. At the time of the loan, the company
had 2 employees. The loan application indicated that the loan would help retain 2 existing jobs.
Getting an SBA Loan For Your Business
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like National Bank Of Arizona that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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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