National Bank Of Arizona Gives Business Loan to Physical, Occupational And Speech Therapists, And Audiologists Company
ArizonaBusiness loans are available to Arizona business owners through the SBA. In this case, an Arizona bank provides the loan.
Getting a small business loan in Phoenix, Arizona was a top priority for this SBA-financed company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from National Bank Of Arizona. Here are the details on this Arizona small business loan.
SBA Loan Borrower
COMPANY TYPE: PHYSICAL, OCCUPATIONAL AND SPEECH THERAPISTS, AND AUDIOLOGISTS
PHOENIX, AZ 85015
SBA Loan Lender
NATIONAL BANK OF ARIZONA
6001 N 24TH ST
PHOENIX, AZ 85016
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621340 - Physical, Occupational and Speech Therapists, and Audiologists
Loan Approval Date
1/29/2001
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $85,000.
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 3 employees. The SBA loan documents indicated that the loan would help generate 5 new jobs and retain 3 existing jobs.
Next Steps for Getting an SBA Loan
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. National Bank Of Arizona had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, National Bank Of Arizona made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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:
Advice on Getting a Small Business Loan
SBA 7A Banks in Phoenix, Arizona
Find an SBA Lender in Arizona