Business Loan from Sunrise Bank Of Arizona Given to Motion Picture And Video Tape Production Company
An SBA loan from Sunrise Bank Of Arizona typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Tempe, Arizona business owner got a $30,000 loan.
This business knew how to go about getting a business bank loan. Based in Tempe, Arizona, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was Sunrise Bank Of Arizona, based in Phoenix, Arizona.
SBA Loan Borrower
COMPANY TYPE: MOTION PICTURE AND VIDEO TAPE PRODUCTION
TEMPE, AZ 85281
SBA Loan Lender
SUNRISE BANK OF ARIZONA
4350 E CAMELBACK RD, STE 100
PHOENIX, AZ 85018
This lender issued this particular loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7812 - Motion Picture and Video Tape Production
NAICS Code
512110 - Motion Picture and Video Production
Loan Approval Date
1/13/2000
Loan Approval Gross Amount
$30,000
Loan Approval from the SBA
Of the total $30,000 loan amount, the SBA guaranteed $24,000.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 4 employees. The loan application did not indicate that the SBA funding recipient planned to use the money to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
We can help you find the best banks for small businesses in Tempe or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
Financing Your Business
SBA 7A Banks in Phoenix, Arizona
Getting an SBA Loan in Arizona