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December 22, 2024  
 
 
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Small Business Banks That Lend to Scottsdale Entrepreneurs

 

 
Loan Census SBA Loan Info

Comerica Bank Gives Small Business Loan to Vocational Schools Company

Looking to get an Arizona bank loan? This Arizona entrepreneur got a bank loan, provided by a Texas bank that works with the SBA to help small business owners.

Getting a small business loan in Scottsdale, Arizona was a top priority for this loan applicant back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Comerica Bank. Here are the details on this Arizona small business loan.

SBA Loan Borrower

COMPANY TYPE: VOCATIONAL SCHOOLS
SCOTTSDALE, AZ 85267

SBA Loan Lender

COMERICA BANK
1717 MAIN
DALLAS, TX 75201

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.

SIC Code

8249 - Vocational Schools

Loan Approval Date

9/29/2000

Loan Approval Gross Amount

$1,000,000

Loan Approval from the SBA

Of the total $1,000,000 loan amount, the SBA guaranteed $750,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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