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April 26, 2024 |
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| Home > Small Business Lenders by State > Arizona Business Loan Sources > Wickenburg, Business Loans > Meridian Bank Wickenburg Business Loans > Motor Vehicle Towing Loan | ||||
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Raising Money in Wickenburg, Arizona With SBA Loans
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Meridian Bank Gives Business Loan to Motor Vehicle Towing CompanyLooking to get an Arizona SBA loan? This Arizona entrepreneur got an SBA loan, provided by an Arizona bank that works with the SBA to help small business owners. Getting a small business loan in Wickenburg, Arizona was a top priority for this particular business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Meridian Bank. Here are the details on this Arizona small business loan. SBA Loan Borrower COMPANY TYPE: MOTOR VEHICLE TOWING SBA Loan Lender MERIDIAN BANK This was a Low Documentation SBA loan. The SBA launched this program to reduce the paperwork associated with getting a loan . The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 488410 - Motor Vehicle Towing Loan Approval Date 6/12/2003 Loan Approval Gross Amount $143,700 Loan Approval from the SBA Of the total $143,700 loan amount, the SBA guaranteed $122,145. More Information on This SBA Loan The borrower borrowed this money for a new 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 4 employees. The SBA loan documents did not indicate that the company planned to use the funding to add employees or retain any existing employees. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. We've showcased information on this loan to let you know that businesses like yours 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: Who Lends Money to Small Businesses in Wickenburg, Arizona
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