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April 16, 2024 |
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| Home > Small Business Lenders by State > Arizona Business Loan Sources > Hartford, Business Loans > Business Lenders, LLC Hartford Business Loans > Computer Terminals Loan | ||||
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Raising Money in Phoenix, Arizona With SBA Loans
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Where to Get Capital for Computer Terminal ManufacturingWith these small business loans for computer terminal manufacturing, the SBA guarantees the lender that the loan will be repaid. This computer terminal manufacturing loan for $162,000 was given to an Arizona entrepreneur in 2000. This company knew how to go about getting a business bank loan. Based in Phoenix, Arizona, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Business Lenders, LLC, based in Hartford, Connecticut. SBA Loan Borrower COMPANY TYPE: COMPUTER TERMINALS SBA Loan Lender BUSINESS LENDERS, LLC 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. SIC Code 3575 - Computer Terminals NAICS Code 334113 - Computer Terminal Manufacturing Loan Approval Date 4/28/2000 Loan Approval Gross Amount $162,000 Loan Approval from the SBA Of the total $162,000 loan amount, the SBA guaranteed $121,500. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 12 employees. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 8 existing jobs. Next Steps for Getting an SBA Loan Every year, the SBA guarantees over $10 billion for loans just like this one. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Obtaining Funding - How to Decide How Much to Raise Banks in Hartford, Connecticut
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