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November 21, 2024 |
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| Home > Small Business Lenders by State > Arizona Business Loan Sources > Phoenix, Business Loans > Wells Fargo Bank Phoenix Business Loans > Broadwoven Fabric Finishing Mills Loan | ||||
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Raising Money in Tempe, Arizona With SBA Loans
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Raising Money for Broadwoven Fabric Finishing MillsWith these business loans for broadwoven fabric finishing mills, the SBA guarantees the lender that the loan will be repaid. This broadwoven fabric finishing mills loan for $25,000 was given to an Arizona entrepreneur in 2001. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Tempe, Arizona was able to borrow $25,000 from Wells Fargo Bank. The SBA made the loan possible by guaranteeing $12,500 of this Arizona small business loan. SBA Loan Borrower COMPANY TYPE: BROADWOVEN FABRIC FINISHING MILLS SBA Loan Lender WELLS FARGO BANK This lender processed this 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 313311 - Broadwoven Fabric Finishing Mills Loan Approval Date 7/3/2001 Loan Approval Gross Amount $25,000 Loan Approval from the SBA Of the total $25,000 loan amount, the SBA guaranteed $12,500. 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 4 employees. The loan application indicated that the loan would help retain 4 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Many small businesses receive loans backed by the U.S. Small Business Administration. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $25,000 loan. Remember, where there is a will, there is a way! 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: Small Bank Loans in Phoenix, Arizona
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