Getting an SBA Loan for Residential Property Managers

With these commercial loans for residential property managers, the SBA guarantees the lender that the loan will be repaid. This residential property managers loan for $629,200 was given to a Florida entrepreneur in 2007.

Getting a small business loan in Santa Rosa Beach, Florida was important for this business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from First National Bank Of Arizona, operating out of Scottsdale, Arizona. Here are the details on this Florida small business loan.

SBA Loan Borrower

COMPANY TYPE: RESIDENTIAL PROPERTY MANAGERS
SANTA ROSA BEACH, FL 32459

SBA Loan Lender

FIRST NATIONAL BANK OF ARIZONA
17600 N PERIMETER DR
SCOTTSDALE, AZ 85255

This lender provides SBA small 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

531311 - Residential Property Managers

Loan Approval Date

7/20/2007

Loan Approval Gross Amount

$629,200

Loan Approval from the SBA

Of the total $629,200 loan amount, the SBA guaranteed $471,900.

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 15 employees. The loan application indicated that the loan would help retain 15 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

While you may be able to borrow money from friends and family, 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.

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