La Puente, California Business Gets SBA-Guaranteed Funding from National Bank Of Arizona

An SBA loan from National Bank Of Arizona typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a La Puente, California business owner got a $25,000 loan.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in La Puente, California was able to borrow $25,000 from National Bank Of Arizona. The SBA made the loan possible by guaranteeing $12,500 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: RESIDENTIAL ELECTRIC LIGHTING FIXTURES
LA PUENTE, CA 91746

SBA Loan Lender

NATIONAL BANK OF ARIZONA
335 N WILMOT RD
TUCSON, AZ 85711

The lender provided this commercial loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

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

SIC Code

3645 - Residential Electric Lighting Fixtures

NAICS Code

335121 - Residential Electric Lighting Fixture Manufacturing

Loan Approval Date

8/29/2000

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

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 13 employees. The loan application indicated that the loan would help retain 13 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

We can help you find the best banks for small businesses in La Puente 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.

Related Links:

Microlending as a Small Business Funding Source

SBA Approved Banks in Tucson, Arizona

Arizona SBA 7A Lenders