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November 14, 2024 |
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| Home > Small Business Lenders by State > Arizona Business Loan Sources > Phoenix, Business Loans > Desert Hills Bank Phoenix Business Loans > Sonoran Foods LLC Loan | ||||
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Raising Money in Surprise, Arizona With SBA Loans
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Borrow Money to Buy a Shane's Rib Shack FranchiseNeed a loan to purchase a Shane's Rib Shack franchise? Desert Hills Bank has a history of making these loans and they are guaranteed by the SBA. Shane's Rib Shack franchise loans are available to Surprise, Arizona entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Desert Hills Bank, based in Phoenix, Arizona, issued an SBA franchise loan for a Shane's Rib Shack franchise in 2006. We've got all the details on this Arizona small business loan. SBA Loan Borrower SONORAN FOODS LLC SBA Loan Lender DESERT HILLS BANK This small business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 722211 - Limited-Service Restaurants Loan Approval Date 3/2/2006 Loan Approval Gross Amount $300,000 Loan Approval from the SBA Of the total $300,000 loan amount, the SBA guaranteed $150,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Shane's Rib Shack franchise. At the time of the loan, the company had 15 employees. The SBA loan documents indicated that the funding would help generate 15 new jobs. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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:
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