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April 28, 2024 |
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| Home > Small Business Lenders by State > Arizona Business Loan Sources > Birmingham, Business Loans > Compass Bank Birmingham Business Loans > Residential Property Managers Loan | ||||
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We Needed an SBA Loan in Chandler, Arizona and We Got One!
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Where to Get Capital for Residential Property ManagersLooking for small business loans for residential property managers? Talk to a banker who works with the SBA. This $40,000 residential property managers loan was issued by an Alabama bank. This small firm knew how to go about getting a business bank loan. Based in Chandler, Arizona, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Compass Bank, based in Birmingham, Alabama. SBA Loan Borrower COMPANY TYPE: RESIDENTIAL PROPERTY MANAGERS SBA Loan Lender COMPASS BANK This SBA business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. 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 531311 - Residential Property Managers Loan Approval Date 2/13/2007 Loan Approval Gross Amount $40,000 Loan Approval from the SBA Of the total $40,000 loan amount, the SBA guaranteed $20,000. 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 3 employees. This SBA loan request indicated that the loan would help retain 3 existing jobs. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $40,000 loan. Remember, feel the fear, and do it anyway. 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: SBA 7A Lenders in Birmingham, Alabama
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