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November 23, 2024 |
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| Home > Small Business Lenders by State > Arizona Business Loan Sources > Phoenix, Business Loans > National Bank Of Arizona Phoenix Business Loans > Electrical Contractors Loan | ||||
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Tucson, Arizona Bank Loan
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Where to Get Capital for Electrical ContractorsLooking for small business loans for electrical contractors? The SBA may be the answer. This $555,000 electrical contractors loan was issued by an Arizona bank. This company knew how to go about getting a business bank loan. Based in Tucson, Arizona, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was National Bank Of Arizona, based in Phoenix, Arizona. SBA Loan Borrower COMPANY TYPE: ELECTRICAL CONTRACTORS SBA Loan Lender NATIONAL BANK OF ARIZONA This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 235310 - Electrical Contractors Loan Approval Date 7/26/2001 Loan Approval Gross Amount $555,000 Loan Approval from the SBA Of the total $555,000 loan amount, the SBA guaranteed $416,250. 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 20 employees. This SBA loan request indicated that the loan would help retain 20 existing jobs. Next Steps for Getting an SBA Loan SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. We've showcased information on this loan to let you know that businesses like yours 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: Advice on Getting a Small Business Loan SBA 7A Lenders in Phoenix, Arizona
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