 |
 |
April 16, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Arizona Business Loan Sources > Phoenix, Business Loans > Alliance Bank Of Arizona Phoenix Business Loans > Physicians Loan | ||||
 |
||||
Who Lends Money to Tempe Small Business Owners
|
||||
 |
Firm Gets an Arizona Business LoanSmall business loans in Arizona are are few and far betweeen these days. We take a look at one Arizona small business loan, provided by an Arizona bank, that was approved by the SBA. Getting a small business loan in Tempe, Arizona was a top priority for this small company back in 2004 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 SBA Loan Lender ALLIANCE BANK OF ARIZONA This lender issued this particular debt financing under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621111 - Physicians Loan Approval Date 4/15/2004 Loan Approval Gross Amount $87,000 Loan Approval from the SBA Of the total $87,000 loan amount, the SBA guaranteed $73,950. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The loan application did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees. Getting an SBA Loan For Your Business If you need money to start a small business or need money for an existing business, an SBA loan can be a great source of funding. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Alliance Bank Of Arizona and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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 - Friends and Family Small Bank Loans in Phoenix, Arizona
|
|
||
|
||||
|
|
||||