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December 22, 2024 |
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| Home > Small Business Lenders by State > Arizona Business Loan Sources > Santa Rosa, Business Loans > Sterling Savings Bank Santa Rosa Business Loans > Floor Covering Stores Loan | ||||
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Raising Money in Scottsdale, Arizona With SBA Loans
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Floor Covering Stores Business LoansWith these business loans for floor covering stores, the SBA guarantees the lender that the loan will be repaid. This floor covering stores loan for $1,029,000 was given to an Arizona entrepreneur in 2000. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Scottsdale, Arizona was able to borrow $1,029,000 from Sterling Savings Bank. The SBA made the loan possible by guaranteeing $477,497 of this Arizona small business loan. SBA Loan Borrower COMPANY TYPE: FLOOR COVERING STORES SBA Loan Lender STERLING SAVINGS BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 442210 - Floor Covering Stores Loan Approval Date 11/24/2000 Loan Approval Gross Amount $1,029,000 Loan Approval from the SBA Of the total $1,029,000 loan amount, the SBA guaranteed $477,497. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 22 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 22 existing jobs. Getting an SBA Loan For Your Business SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? 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: Good Banks for Small Business in Santa Rosa, California
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