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March 29, 2024  
 
 
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Loan Census SBA Loan Info

Community Bank Of Arizona SBA Loan to Furniture Stores Company

An SBA loan from Community Bank Of Arizona typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, an Avondale, Arizona business owner got a $200,000 loan.

This small firm received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Community Bank Of Arizona, out of Phoenix, Arizona. The loan was granted and they received $200,000 to help grow their Avondale, Arizona business.

SBA Loan Borrower

COMPANY TYPE: FURNITURE STORES
AVONDALE, AZ 85323

SBA Loan Lender

COMMUNITY BANK OF ARIZONA
2700 N CENTRAL AVE STE 110
PHOENIX, AZ 85004

This lender processed this bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

442110 - Furniture Stores

Loan Approval Date

5/17/2006

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $100,000.

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 10 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 12 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Community Bank Of Arizona are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Equity Financing

SBA Participating Banks in Phoenix, Arizona

Arizona SBA 7A Lenders