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April 23, 2024 |
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| Home > Small Business Lenders by State > Arizona Business Loan Sources > Gilbert, Business Loans > Union Bank Gilbert Business Loans > Security Brokers And Dealers Loan | ||||
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Arizona Bank SBA Loans
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Union Bank SBA Loan to Security Brokers And Dealers CompanyWant an Arizona SBA loan? Here's one Arizona business loan that was approved by the SBA. This small business needed an SBA business loan in Tucson, Arizona back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from Union Bank, operating out of Gilbert, Arizona. Here are the details on this Arizona small business loan. SBA Loan Borrower COMPANY TYPE: SECURITY BROKERS AND DEALERS SBA Loan Lender UNION BANK This loan for a small business was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 6211 - Security Brokers and Dealers Loan Approval Date 6/21/2000 Loan Approval Gross Amount $300,000 Loan Approval from the SBA Of the total $300,000 loan amount, the SBA guaranteed $225,000. More Information on This SBA Loan The borrower borrowed this money for an existing 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 6 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the funding to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. This SBA loan was for $300,000. How would you spend $300,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: The Friends and Family Network Small Bank Loans in Gilbert, Arizona
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