Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

Tucson, Arizona Bank Loan

 

 
Loan Census SBA Loan Info

Company Gets an Arizona Bank Loan

Would an Arizona SBA loan help your business get to the next level? If so, you may want to talk with this Arizona bank, which offers SBA loans to Arizona entrepreneurs.

You can learn something about getting a small business loan in Tucson, Arizona by studying this loan to a local business, made back in 2004. Banks like First National Bank Of Arizona may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: FULL-SERVICE RESTAURANTS
TUCSON, AZ 85716

SBA Loan Lender

FIRST NATIONAL BANK OF ARIZONA
17600 N PERIMETER DR
SCOTTSDALE, AZ 85255

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.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

9/27/2004

Loan Approval Gross Amount

$371,700

Loan Approval from the SBA

Of the total $371,700 loan amount, the SBA guaranteed $278,775.

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 3 employees. This SBA loan request indicated that the loan would help generate 37 new jobs and retain 40 existing jobs.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

This SBA loan was for $371,700. How would you spend $371,700 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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.

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