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November 21, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Phoenix, Business Loans > Sunrise Bank Of Arizona Phoenix Business Loans > Excavation Contractors Loan | ||||
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SBA Lender San Diego California
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Excavation Contractors Business LoansLooking for business loans for excavation contractors? An SBA loan may be just what you've been looking for. This $826,000 excavation contractors loan was issued by an Arizona bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in San Diego, California was able to borrow $826,000 from Sunrise Bank Of Arizona. The SBA made the loan possible by guaranteeing $619,500 of this California small business loan. SBA Loan Borrower COMPANY TYPE: EXCAVATION CONTRACTORS SBA Loan Lender SUNRISE BANK OF ARIZONA This commercial loan was provided by financing institution with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan applications to the SBA get more expeditious service from the SBA on their loan applications. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 235930 - Excavation Contractors Loan Approval Date 1/7/2002 Loan Approval Gross Amount $826,000 Loan Approval from the SBA Of the total $826,000 loan amount, the SBA guaranteed $619,500. 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 20 employees. This SBA loan request did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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. Related Links: Find an SBA Lender in Phoenix, Arizona Getting an SBA Loan in Arizona
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