Business Loans for Real Estate Appraisers
With these business loans for real estate appraisers, the SBA guarantees the lender that the loan will be repaid. This real estate appraisers loan for $477,000 was given to an Arizona entrepreneur in 2006.
This small business knew how to go about getting a business bank loan. Based in Scottsdale, Arizona, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Stearns Bank Arizona, based in Scottsdale, Arizona.
SBA Loan Borrower
COMPANY TYPE: REAL ESTATE APPRAISERS
SCOTTSDALE, AZ 85260
SBA Loan Lender
STEARNS BANK ARIZONA
9225 E SHEA BLVD
SCOTTSDALE, AZ 85260
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
531320 - Real Estate Appraisers
Loan Approval Date
7/26/2006
Loan Approval Gross Amount
$477,000
Loan Approval from the SBA
Of the total $477,000 loan amount, the SBA guaranteed $357,750.
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 5 employees. The SBA loan documents indicated that the loan would help retain 5 existing jobs.
Great, But How Can I Get an SBA Loan for My 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 way to raise money
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Stearns Bank Arizona that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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:
Choosing VC Firms
SBA Participating Banks in Scottsdale, Arizona
SBA Lenders in Arizona