Entrepreneur Works With Tucson, Arizona Bank to Get an SBA Loan
Find Tucson, Arizona banks that specialize in SBA loans and know how to work with entrepreneurs. Vantage West Cu is one such bank, as evidenced by this SBA loan to one business.
Finding a small business loan in Tucson, Arizona starts with an understanding of who else has gotten loans in the area. In this case, a small company received funding from Vantage West Cu. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: PHOTOGRAPHY STUDIOS, PORTRAIT
TUCSON, AZ 85730
SBA Loan Lender
VANTAGE WEST CU
2480 N ARCADIA
TUCSON, AZ 85712
This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
541921 - Photography Studios, Portrait
Loan Approval Date
1/2/2008
Loan Approval Gross Amount
$25,000
Loan Approval from the SBA
Of the total $25,000 loan amount, the SBA guaranteed $21,250.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 2 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Vantage West Cu that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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:
Borrowing Money from Friends and Family
SBA 7A Banks in Tucson, Arizona
Where to Get an SBA Loan Arizona