Borrego Springs, California Bank Lends Money to Wood Kitchen Cabinets Company in Tucson, Arizona
Get to know Borrego Springs, California banks that specialize in small business loans and know how to work with entrepreneurs. Borrego Springs Bank is one such bank, as evidenced by this SBA loan to a growing company.
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 local firm received funding from Borrego Springs Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: WOOD KITCHEN CABINETS
TUCSON, AZ 85713
SBA Loan Lender
BORREGO SPRINGS BANK
587 PALM CANYON DR, STE 101
BORREGO SPRINGS, CA 92004
This loan was underwritten by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a complete analysis of the loan application and, in return, SBA delivers a rapid loan approval or denial response.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
2434 - Wood Kitchen Cabinets
NAICS Code
337110 - Wood Kitchen Cabinet and Countertop Manufacturing
Loan Approval Date
4/4/2003
Loan Approval Gross Amount
$200,000
Loan Approval from the SBA
Of the total $200,000 loan amount, the SBA guaranteed $150,000.
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 5 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the money to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
We can help you find the best banks for small businesses in Tucson or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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