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May 2, 2024 |
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| Home > Small Business Lenders by State > Arizona Business Loan Sources > Scottsdale, Business Loans > First National Bank Of Arizona Scottsdale Business Loans > Furniture Stores Loan | ||||
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Scottsdale, Arizona Bank for SBA Loans
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First National Bank Of Arizona Gives Bank Loan to Furniture Stores CompanySBA loans in Arizona are tough to come by these days. We take a look at one Arizona SBA loan, provided by an Arizona bank, that was approved by the SBA. Getting a small business loan in Scottsdale, Arizona was a top priority for this particular business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from First National Bank Of Arizona. Here are the details on this Arizona small business loan. SBA Loan Borrower COMPANY TYPE: FURNITURE STORES SBA Loan Lender FIRST NATIONAL BANK OF ARIZONA This lender provides SBA small business loans 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 442110 - Furniture Stores Loan Approval Date 11/3/2006 Loan Approval Gross Amount $360,000 Loan Approval from the SBA Of the total $360,000 loan amount, the SBA guaranteed $270,000. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 5 new jobs and retain 1 existing job. Getting an SBA Loan For Your Business If you are raising money in Scottsdale AZ, you ought to talk with a local Scottsdale SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Scottsdale businesses. If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from First National Bank Of Arizona so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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 From a Venture Capitalist Best Banks in Scottsdale, Arizona
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