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November 23, 2024 |
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| Home > Small Business Lenders by State > Arizona Business Loan Sources > Escondido, Business Loans > Pacific Western Bank Escondido Business Loans > Store Retailers Loan | ||||
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Banks in Arizona
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Raising Money for Store RetailersWith these bank loans for store retailers, the SBA guarantees the lender that the loan will be repaid. This store retailers loan for $1,140,000 was given to an Arizona entrepreneur in 2005. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Phoenix, Arizona was able to borrow $1,140,000 from Pacific Western Bank. The SBA made the loan possible by guaranteeing $855,000 of this Arizona small business loan. SBA Loan Borrower COMPANY TYPE: STORE RETAILERS SBA Loan Lender PACIFIC WESTERN BANK This lender provides SBA loan for small businesses 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 453998 - Store Retailers Loan Approval Date 8/3/2005 Loan Approval Gross Amount $1,140,000 Loan Approval from the SBA Of the total $1,140,000 loan amount, the SBA guaranteed $855,000. 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 8 employees. The SBA loan application for the borrower indicated that the loan would help retain 8 existing jobs. Getting an SBA Loan For Your Business If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great funding source This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Obtaining Funding - How to Borrow Money SBA Approved Banks in Escondido, California
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