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November 15, 2024 |
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| Home > Small Business Lenders by State > Arizona Business Loan Sources > Tucson, Business Loans > Canyon Commun Bank Tucson Business Loans > Service Establishment Equipment And Supplies Merchant Wholesalers Loan | ||||
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Arizona Small Business Funding
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Loans for Service Establishment Equipment and Supplies Merchant WholesalersLooking for loans for service establishment equipment and supplies merchant wholesalers? Try the SBA. This $150,000 service establishment equipment and supplies merchant wholesalers loan was issued by an Arizona bank. Getting a small business loan in Tucson, Arizona was important for this growing firm back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Canyon Commun Bank, operating out of Tucson, Arizona. Here are the details on this Arizona small business loan. SBA Loan Borrower COMPANY TYPE: SERVICE ESTABLISHMENT EQUIPMENT AND SUPPLIES MERCHANT WHOLESALERS SBA Loan Lender CANYON COMMUN BANK This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 423850 - Service Establishment Equipment and Supplies Merchant Wholesalers Loan Approval Date 10/8/2004 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 7 employees. The loan application did not indicate that the company promised to use the funding to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Canyon Commun Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Canyon Commun Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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: The Friends and Family Network Best Banks for Small Business in Tucson, Arizona
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