Business Loan from Western National Bank Given to Signs And Advertising Specialties Company
Western National Bank has a track record as a leading provider of SBA loans. Find out how this Arizona entrepreneur received an SBA loan from them.
Getting a small business loan in Phoenix, Arizona was an essential business goal for this small business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Western National Bank, operating out of Phoenix, Arizona. Here are the details on this Arizona small business loan.
SBA Loan Borrower
COMPANY TYPE: SIGNS AND ADVERTISING SPECIALTIES
PHOENIX, AZ 85009
SBA Loan Lender
WESTERN NATIONAL BANK
2525 E CAMELBACK RD, STE 100
PHOENIX, AZ 85016
This lender issued this commercial loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3993 - Signs and Advertising Specialties
NAICS Code
339950 - Sign Manufacturing
Loan Approval Date
2/2/2006
Loan Approval Gross Amount
$434,700
Loan Approval from the SBA
Of the total $434,700 loan amount, the SBA guaranteed $326,025.
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 12 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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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