Borrego Springs Bank SBA Loan to Food Supplement Stores Company

Borrego Springs Bank has a track record as a leading provider of SBA loans. Find out how this Arizona entrepreneur received an SBA loan from them.

This small firm knew how to go about getting a business bank loan. Based in Phoenix, Arizona, they applied for and received an SBA-guaranteed loan in 2002. The lending bank was Borrego Springs Bank, based in Borrego Springs, California.

SBA Loan Borrower

COMPANY TYPE: FOOD SUPPLEMENT STORES
PHOENIX, AZ 85032

SBA Loan Lender

BORREGO SPRINGS BANK
587 PALM CANYON DR, STE 101
BORREGO SPRINGS, CA 92004

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

446191 - Food Supplement Stores

Loan Approval Date

5/8/2002

Loan Approval Gross Amount

$145,000

Loan Approval from the SBA

Of the total $145,000 loan amount, the SBA guaranteed $123,250.

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 5 employees. The SBA loan application for the borrower indicated that the loan would help generate 5 new jobs and retain 5 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are working on finding money to start a business in Phoenix AZ, you ought to talk with a local Phoenix SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Phoenix 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:

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SBA Participating Banks in Borrego Springs, California

SBA California Banks