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April 19, 2024 |
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| Home > Small Business Lenders by State > Arizona Business Loan Sources > Scottsdale, Business Loans > Choice Bank Scottsdale Business Loans > Fabricated Wire Product Manufacturing Loan | ||||
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Examples of Phoenix SBA Loans
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Fabricated Wire Product Manufacturing Commercial LoansWith these commercial loans for fabricated wire product manufacturing, the SBA guarantees the lender that the loan will be repaid. This fabricated wire product manufacturing loan for $897,500 was given to an Arizona entrepreneur in 2007. This business knew how to go about getting a business bank loan. Based in Phoenix, Arizona, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Choice Bank, based in Scottsdale, Arizona. SBA Loan Borrower COMPANY TYPE: FABRICATED WIRE PRODUCT MANUFACTURING SBA Loan Lender CHOICE BANK This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 332618 - Fabricated Wire Product Manufacturing Loan Approval Date 11/19/2007 Loan Approval Gross Amount $897,500 Loan Approval from the SBA Of the total $897,500 loan amount, the SBA guaranteed $673,125. More Information on This SBA Loan The borrower borrowed this money for a new 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 15 employees. The loan application indicated that the loan would help retain 15 existing jobs. Getting an SBA Loan For Your Business The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Choice Bank 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: Obtaining Funding - Getting Venture Capital Small Business Banks in Scottsdale, Arizona
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