First National Bank Of Arizona SBA Loan to General Merchandise Stores Company

An SBA loan from First National Bank Of Arizona typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Tucson, Arizona business owner got a $1,237,500 loan.

This business knew how to go about getting a business bank loan. Based in Tucson, Arizona, they applied for and received an SBA-guaranteed loan in 2004. The lending bank was First National Bank Of Arizona, based in Scottsdale, Arizona.

SBA Loan Borrower

COMPANY TYPE: GENERAL MERCHANDISE STORES
TUCSON, AZ 85719

SBA Loan Lender

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

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

452990 - General Merchandise Stores

Loan Approval Date

11/30/2004

Loan Approval Gross Amount

$1,237,500

Loan Approval from the SBA

Of the total $1,237,500 loan amount, the SBA guaranteed $928,125.

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 7 employees. The loan application indicated that the loan would help generate 7 new jobs and retain 14 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

While you may be able to find other ways to get money to start a business, 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:

Obtaining Funding - Friends and Family

Small Bank Loans in Scottsdale, Arizona

Getting a Business Loan in Arizona