Financing for Electrical Contractors and Wiring Installation Contractors
Looking for loans for electrical contractors and wiring installation contractors? Talk to a banker who works with the SBA. This $1,341,500 electrical contractors and wiring installation contractors loan was issued by a California bank.
This company received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Pacific Cap. Bank, out of Santa Barbara, California. The loan was granted and they received $1,341,500 to help grow their Phoenix, Arizona business.
SBA Loan Borrower
COMPANY TYPE: ELECTRICAL CONTRACTORS AND WIRING INSTALLATION CONTRACTORS
Phoenix, AZ 85034
SBA Loan Lender
PACIFIC CAP. BANK
1021 ANACAPA ST
SANTA BARBARA, CA 93101
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
238210 - Electrical Contractors and Wiring Installation Contractors
Loan Approval Date
9/7/2006
Loan Approval Gross Amount
$1,341,500
Loan Approval from the SBA
Of the total $1,341,500 loan amount, the SBA guaranteed $1,006,125.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 60 employees. This SBA loan request indicated that the loan would help retain 60 existing jobs.
Next Steps for Getting an SBA Loan
If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding.
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:
Business Cash Advances
SBA Banks in Santa Barbara, California
Where to Get an SBA Loan California