Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Small Business Banks for Tempe, Arizona Business Owners

 

 
Loan Census SBA Loan Info

SBA Loans for Automotive Body, Paint, and Interior Repair and Maintenance

Looking for SBA loans for automotive body, paint, and interior repair and maintenance? Talk to a banker who works with the SBA. This $75,000 automotive body, paint, and interior repair and maintenance loan was issued by a Virginia bank.

This small business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Capital One, out of Mclean, Virginia. The loan was granted and they received $75,000 to help grow their Tempe, Arizona business.

SBA Loan Borrower

COMPANY TYPE: AUTOMOTIVE BODY, PAINT, AND INTERIOR REPAIR AND MAINTENANCE
TEMPE, AZ 85281

SBA Loan Lender

CAPITAL ONE
1680 CAPITAL ONE DR
MCLEAN, VA 22102

This lender processed this SBA loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

811121 - Automotive Body, Paint, and Interior Repair and Maintenance

Loan Approval Date

2/9/2007

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $37,500.

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 11 employees. The SBA loan documents indicated that the loan would help retain 11 existing jobs.

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

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:

Bank Credit Lines

Best Mclean, Virginia Banks for Small Business

SBA Lenders in Virginia