Business Loan Center, LLC Gives SBA Loan to Sporting And Recreational Camps Company
Business loans in Arizona are tough to come by these days. We take a look at one Arizona business loan, provided by a Virginia bank, that was approved by the SBA.
This small business, based in Tombstone, Arizona, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Business Loan Center, LLC. We've got the inside scoop on this Arizona small business loan.
SBA Loan Borrower
COMPANY TYPE: SPORTING AND RECREATIONAL CAMPS
TOMBSTONE, AZ 85638
SBA Loan Lender
BUSINESS LOAN CENTER, LLC
3900 WESTERRE PARKWAY, SUITE
RICHMOND, VA 23233
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7032 - Sporting and Recreational Camps
NAICS Code
721214 - Recreational and Vacation Camps
Loan Approval Date
5/17/2000
Loan Approval Gross Amount
$1,053,200
Loan Approval from the SBA
Of the total $1,053,200 loan amount, the SBA guaranteed $750,000.
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 12 employees. The SBA loan documents indicated that the loan would help retain 12 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you are working on finding money to start a business in Tombstone AZ, you ought to talk with a local Tombstone SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Tombstone businesses.
While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.
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:
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SBA Lenders in Virginia