Loan Census Banking News and Information
December 3, 2024  
 
 
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Arizona Small Business Funding

 

 
Loan Census SBA Loan Info

Financing for Diagnostic Imaging Centers

Looking for loans for diagnostic imaging centers? Try the SBA. This $160,000 diagnostic imaging centers loan was issued by an Arizona bank.

This small firm knew how to go about getting a business bank loan. Based in Tempe, Arizona, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Meridian Bank, based in Phoenix, Arizona.

SBA Loan Borrower

COMPANY TYPE: MEDICAL LABORATORIES
TEMPE, AZ 85284

SBA Loan Lender

MERIDIAN BANK
3550 N CENTRAL AVE, STE 150
PHOENIX, AZ 85012

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8071 - Medical Laboratories

NAICS Code

621512 - Diagnostic Imaging Centers

Loan Approval Date

2/19/2003

Loan Approval Gross Amount

$160,000

Loan Approval from the SBA

Of the total $160,000 loan amount, the SBA guaranteed $120,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 8 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees.

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

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

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.

Related Links:

Small Business Loan

SBA Participating Banks in Phoenix, Arizona

Find an SBA Lender in Arizona