Loan Census Banking News and Information
March 29, 2024  
 
 
  Business Loan Information  
 

Chandler, Arizona Bank Loan

 

 
Loan Census SBA Loan Info

Raising Money for Sheet Metal Work Manufacturing

Looking for business loans for sheet metal work manufacturing? Try the SBA. This $365,000 sheet metal work manufacturing loan was issued by an Arizona bank.

This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Stearns Bank Arizona, out of Scottsdale, Arizona. The loan was granted and they received $365,000 to help grow their Chandler, Arizona business.

SBA Loan Borrower

COMPANY TYPE: SHEET METAL WORK MANUFACTURING
CHANDLER, AZ 85225

SBA Loan Lender

STEARNS BANK ARIZONA
9225 E SHEA BLVD
SCOTTSDALE, AZ 85260

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

332322 - Sheet Metal Work Manufacturing

Loan Approval Date

9/28/2001

Loan Approval Gross Amount

$365,000

Loan Approval from the SBA

Of the total $365,000 loan amount, the SBA guaranteed $273,750.

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 create 7 new jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you need business start up money in Chandler AZ, you ought to talk with a local Chandler SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Chandler businesses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Obtaining Funding - Getting Venture Capital

Best Scottsdale, Arizona Banks for Small Business

Getting an SBA Loan in Arizona