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April 20, 2024 |
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| Home > Small Business Lenders by State > Nevada Business Loan Sources > Scottsdale, Business Loans > First National Bank Of Arizona Scottsdale Business Loans > Television Broadcasting Stations Loan | ||||
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Raising Money in Laughlin, Nevada With SBA Loans
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Laughlin, Nevada Entrepreneur Gets a Bank LoanNevadaBank loans are available to Nevada firms through the SBA. In this case, an Arizona bank provides the loan. By giving the right information to First National Bank Of Arizona, this Laughlin, Nevada business was able to get an SBA loan. To get this loan, the entrepreneur gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back. SBA Loan Borrower COMPANY TYPE: TELEVISION BROADCASTING STATIONS SBA Loan Lender FIRST NATIONAL BANK OF ARIZONA This SBA business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 4833 - Television Broadcasting Stations NAICS Code 513120 - Television Broadcasting Loan Approval Date 5/11/2000 Loan Approval Gross Amount $262,860 Loan Approval from the SBA Of the total $262,860 loan amount, the SBA guaranteed $160,345. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 10 employees. The loan application did not indicate that the SBA funding recipient planned to use the loan proceeds to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: How Much Venture Capital Is There? SBA Banks in Scottsdale, Arizona
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