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April 19, 2024 |
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| Home > Small Business Lenders by State > Arizona Business Loan Sources > Phoenix, Business Loans > Meridian Bank Phoenix Business Loans > Medical Laboratories Loan | ||||
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Arizona Small Business Funding
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Financing for Diagnostic Imaging CentersLooking for loans for diagnostic imaging centers? Try the SBA. This $160,000 diagnostic imaging centers loan was issued by an Arizona bank. This small firm 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 2003. The lending bank was Meridian Bank, based in Phoenix, Arizona. SBA Loan Borrower COMPANY TYPE: MEDICAL LABORATORIES SBA Loan Lender MERIDIAN BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 8071 - Medical Laboratories NAICS Code 621512 - Diagnostic Imaging Centers Loan Approval Date 2/19/2003 Loan Approval Gross Amount $160,000 Loan Approval from the SBA Of the total $160,000 loan amount, the SBA guaranteed $120,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 8 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. 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: SBA Participating Banks in Phoenix, Arizona
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