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April 16, 2024  
 
 
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Loan Census SBA Loan Info

Painting and Wall Covering Contractors Bank Loans

Looking for bank loans for painting and wall covering contractors? An SBA loan may be just what you've been looking for. This $35,000 painting and wall covering contractors loan was issued by an Arizona bank.

Getting a small business loan in Tucson, Arizona was important for this company back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Vantage West Cu, operating out of Tucson, Arizona. Here are the details on this Arizona small business loan.

SBA Loan Borrower

COMPANY TYPE: PAINTING AND WALL COVERING CONTRACTORS
TUCSON, AZ 85706

SBA Loan Lender

VANTAGE WEST CU
2480 N ARCADIA
TUCSON, AZ 85712

This lender processed this small business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

238320 - Painting and Wall Covering Contractors

Loan Approval Date

7/25/2006

Loan Approval Gross Amount

$35,000

Loan Approval from the SBA

Of the total $35,000 loan amount, the SBA guaranteed $17,500.

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 19 employees. The loan application indicated that the loan would help generate 6 new jobs and retain 19 existing jobs.

Next Steps for Getting an SBA Loan

Remember, you 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.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Vantage West Cu and they will explain how you can get an SBA loan for your company.

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:

How to Raise Money

SBA 7A Banks for Tucson, Arizona Loans

Where to Get an SBA Loan Arizona