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May 5, 2024 |
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| Home > Small Business Lenders by State > Arizona Business Loan Sources > San Jose, Business Loans > Wells Fargo Bank San Jose Business Loans > Cutting Tool And Machine Tool Accessory Manufacturing Loan | ||||
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Tucson, Arizona Bank Loan
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Cutting Tool and Machine Tool Accessory Manufacturing Business LoansWith these business loans for cutting tool and machine tool accessory manufacturing, the SBA guarantees the lender that the loan will be repaid. This cutting tool and machine tool accessory manufacturing loan for $300,000 was given to an Arizona entrepreneur in 2004. Getting a small business loan in Tucson, Arizona was important for this business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Wells Fargo Bank, operating out of San Jose, California. Here are the details on this Arizona small business loan. SBA Loan Borrower COMPANY TYPE: CUTTING TOOL AND MACHINE TOOL ACCESSORY MANUFACTURING SBA Loan Lender WELLS FARGO BANK This lender processed this SBA business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 333515 - Cutting Tool and Machine Tool Accessory Manufacturing Loan Approval Date 12/27/2004 Loan Approval Gross Amount $300,000 Loan Approval from the SBA Of the total $300,000 loan amount, the SBA guaranteed $150,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 45 employees. This SBA loan request indicated that the loan would help retain 45 existing jobs. Next Steps for Getting an SBA Loan If you need business start up money in Tucson AZ, you ought to talk with a local Tucson SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Tucson businesses. While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: Small Business Banks in San Jose, California
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