Raising Money for Specialty Trade Contractors
With these business loans for specialty trade contractors, the SBA guarantees the lender that the loan will be repaid. This specialty trade contractors loan for $421,000 was given to an Arizona entrepreneur in 2007.
Getting a small business loan in Peoria, Arizona was important for this business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Wells Fargo Bank, operating out of Sioux Falls, South Dakota. Here are the details on this Arizona small business loan.
SBA Loan Borrower
COMPANY TYPE: SPECIALTY TRADE CONTRACTORS
Peoria, AZ 85345
SBA Loan Lender
WELLS FARGO BANK
101 N PHILIPS AVE
SIOUX FALLS, SD 57104
This lender provides SBA guaranteed business 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
238990 - Specialty Trade Contractors
Loan Approval Date
11/28/2007
Loan Approval Gross Amount
$421,000
Loan Approval from the SBA
Of the total $421,000 loan amount, the SBA guaranteed $315,750.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. This SBA loan request indicated that the loan would help generate 5 new jobs and retain 2 existing jobs.
Next Steps for Getting an SBA Loan
If you need business start up money in Peoria AZ, you ought to talk with a local Peoria SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Peoria businesses.
This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? 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:
Dealing With Venture Capitalists
Best Banks in Sioux Falls, South Dakota
SBA Participating Banks in South Dakota