Loan Census Banking News and Information
April 18, 2024  
 
 
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Mesa, Arizona Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Alliance Bank Of Arizona Gives Bank Loan to Physicians Company

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 Mesa, Arizona was a top priority for this small company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Alliance Bank Of Arizona. Here are the details on this Arizona small business loan.

SBA Loan Borrower

COMPANY TYPE: PHYSICIANS
MESA, AZ 85207

SBA Loan Lender

ALLIANCE BANK OF ARIZONA
2701 E CAMELBACK RD, STE 110
PHOENIX, AZ 85018

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621111 - Physicians

Loan Approval Date

10/23/2007

Loan Approval Gross Amount

$1,386,000

Loan Approval from the SBA

Of the total $1,386,000 loan amount, the SBA guaranteed $1,039,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 9 employees. The SBA loan documents indicated that the loan would help retain 9 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Alliance 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:

Advice on Getting a Small Business Loan

SBA Banks in Phoenix, Arizona

SBA Arizona Banks