Firm Gets an Arizona Business Loan

Would an Arizona small business loan help your small business to grow and prosper? If so, you may want to talk with this Arizona bank, which offers SBA loans to Arizona entrepreneurs.

Getting a small business loan in Wickenburg, Arizona was a top priority for this small company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Meridian Bank. Here are the details on this Arizona small business loan.

SBA Loan Borrower

COMPANY TYPE: OFFICES AND CLINICS OF DOCTORS OF MEDICINE
WICKENBURG, AZ 85390

SBA Loan Lender

MERIDIAN BANK
2001 W WICKENBURG WAY
WICKENBURG, AZ 85390

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.

SIC Code

8011 - Offices and Clinics of Doctors of Medicine

Loan Approval Date

8/9/2000

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $112,500.

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 4 employees. This SBA loan request did not indicate that the small business promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

If you are working on finding money to start a business in Wickenburg AZ, you ought to talk with a local Wickenburg SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Wickenburg businesses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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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