Loan Census Banking News and Information
April 19, 2024  
 
 
  Business Loan Information  
 

Tucson, Arizona Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Services Related to Advertising Bank Loans

With these bank loans for services related to advertising, the SBA guarantees the lender that the loan will be repaid. This services related to advertising loan for $213,800 was given to an Arizona entrepreneur in 2001.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Tucson, Arizona was able to borrow $213,800 from Borrego Springs Bank. The SBA made the loan possible by guaranteeing $160,350 of this Arizona small business loan.

SBA Loan Borrower

COMPANY TYPE: SERVICES RELATED TO ADVERTISING
TUCSON, AZ 85711

SBA Loan Lender

BORREGO SPRINGS BANK
587 PALM CANYON DR, STE 101
BORREGO SPRINGS, CA 92004

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541890 - Services Related to Advertising

Loan Approval Date

10/19/2001

Loan Approval Gross Amount

$213,800

Loan Approval from the SBA

Of the total $213,800 loan amount, the SBA guaranteed $160,350.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 13 employees. The loan application indicated that the loan would help generate 11 new jobs and retain 24 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

This SBA loan was for $213,800. How would you spend $213,800 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.

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