Temecula, California Business Gets SBA-Guaranteed Funding from Alliance Bank Of Arizona

Alliance Bank Of Arizona and the SBA work together to get business loans for growing small businesses. Here's an example of how a California entrepreneur was able to get a loan to take a small business to the next level.

Getting a small business loan in Temecula, California was an essential business goal for this company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Alliance Bank Of Arizona, operating out of Scottsdale, Arizona. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: GENERAL AUTOMOTIVE REPAIR
TEMECULA, CA 92590

SBA Loan Lender

ALLIANCE BANK OF ARIZONA
7373 N SCOTTSDALE RD STE A-19
SCOTTSDALE, AZ 85253

This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

811111 - General Automotive Repair

Loan Approval Date

11/23/2005

Loan Approval Gross Amount

$976,000

Loan Approval from the SBA

Of the total $976,000 loan amount, the SBA guaranteed $732,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower did not indicate that the business planned to use the funding to increase staffing levels or retain any existing employees.

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

If you need money to start a business or need money for an existing business, an SBA loan can be a great source of funding.

This SBA loan was for $976,000. How would you spend $976,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Attracting Investors

SBA Participating Banks in Scottsdale, Arizona

Where to Get an SBA Loan Arizona