Pharmacies and Drug Stores Small Business Loans
Looking for small business loans for pharmacies and drug stores? Try the SBA. This $542,500 pharmacies and drug stores loan was issued by an Arizona bank.
This small firm received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Wells Fargo Bank, out of Phoenix, Arizona. The loan was granted and they received $542,500 to help grow their Phoenix, Arizona business.
SBA Loan Borrower
COMPANY TYPE: PHARMACIES AND DRUG STORES
PHOENIX, AZ 85040
SBA Loan Lender
WELLS FARGO BANK
100 W WASHINGTON ST
PHOENIX, AZ 85003
This lender provides SBA bank 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
446110 - Pharmacies and Drug Stores
Loan Approval Date
3/19/2003
Loan Approval Gross Amount
$542,500
Loan Approval from the SBA
Of the total $542,500 loan amount, the SBA guaranteed $406,875.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 15 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 17 existing jobs.
Getting an SBA Loan For Your Business
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $542,500 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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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