Loan Census Banking News and Information
April 19, 2024  
 
 
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Small Business Banks for Phoenix Franchise Buyers

 

 
Loan Census SBA Loan Info

Loan to Buy Native New Yorker the Franchise Issued By First National Bank Of Arizona

Need a loan to purchase a Native New Yorker the franchise? First National Bank Of Arizona has a history of making these loans and they are guaranteed by the SBA.

Native New Yorker the franchise loans are available to Phoenix, Arizona entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First National Bank Of Arizona, based in Scottsdale, Arizona, issued an SBA franchise loan for a Native New Yorker the franchise in 2007. We've got all the details on this Arizona small business loan.

SBA Loan Borrower

NATIVE NEW YORKER
PHOENIX, AZ 85051

SBA Loan Lender

FIRST NATIONAL BANK OF ARIZONA
17600 N PERIMETER DR
SCOTTSDALE, AZ 85255

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

722110 - Full-Service Restaurants

Loan Approval Date

11/27/2007

Loan Approval Gross Amount

$310,000

Loan Approval from the SBA

Of the total $310,000 loan amount, the SBA guaranteed $232,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Native New Yorker the franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

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.

We can help you find the best banks for small businesses in Phoenix or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Native New Yorker

How to Raise Money

Good Banks for Small Business in Scottsdale, Arizona

Where to Get an SBA Loan Arizona