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May 3, 2024 |
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| Home > Small Business Lenders by State > Arizona Business Loan Sources > Salt Lake City, Business Loans > Bank Of The West Salt Lake City Business Loans > Automotive Parts And Accessories Stores Loan | ||||
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SBA Lender Tempe Arizona
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Automotive Parts and Accessories Stores SBA LoansLooking for SBA loans for automotive parts and accessories stores? An SBA loan may be just what you've been looking for. This $375,000 automotive parts and accessories stores loan was issued by an Utah bank. This business knew how to go about getting a business bank loan. Based in Tempe, Arizona, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Bank Of The West, based in Salt Lake City, Utah. SBA Loan Borrower COMPANY TYPE: AUTOMOTIVE PARTS AND ACCESSORIES STORES SBA Loan Lender BANK OF THE WEST 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 441310 - Automotive Parts and Accessories Stores Loan Approval Date 9/20/2004 Loan Approval Gross Amount $375,000 Loan Approval from the SBA Of the total $375,000 loan amount, the SBA guaranteed $281,250. 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 3 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 5 existing jobs. Start the Process for Getting an SBA Loan Today! If you are wondering how to raise money for a business in Tempe AZ, you ought to talk with a local Tempe SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Tempe businesses. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $375,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Small Business Banks in Salt Lake City, Utah
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