Loan Census Banking News and Information
April 25, 2024  
 
 
  Business Loan Information  
 

Banks in Tucson, Arizona That Make SBA Loans

 

 
Loan Census SBA Loan Info

Tucson, Arizona Lender Lends Money to Manufacturing Company

Get SBA loans from a Tucson, Arizona bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.

National Bank Of Arizona is a Tucson, Arizona small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a California company.

SBA Loan Borrower

COMPANY TYPE: MANUFACTURING
CORONA, CA 91719

SBA Loan Lender

NATIONAL BANK OF ARIZONA
335 N WILMOT RD
TUCSON, AZ 85711

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

339999 - Manufacturing

Loan Approval Date

11/17/2000

Loan Approval Gross Amount

$225,000

Loan Approval from the SBA

Of the total $225,000 loan amount, the SBA guaranteed $168,750.

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 30 employees. The loan application indicated that the loan would help retain 30 existing jobs.

Getting an SBA Loan For Your Business

Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. National Bank Of Arizona had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, National Bank Of Arizona made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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

SBA Approved Banks in Tucson, Arizona

SBA Participating Banks in Arizona