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April 24, 2024  
 
 
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Raising Money in Tucson, Arizona With SBA Loans

 

 
Loan Census SBA Loan Info

Bank Loans for Plumbing, Heating, and Air-Conditioning Contractors

Looking for bank loans for plumbing, heating, and air-conditioning contractors? The SBA may be the answer. This $25,000 plumbing, heating, and air-conditioning contractors loan was issued by an Arizona bank.

Getting a small business loan in Tucson, Arizona was important for this growing firm back in 2007 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: PLUMBING, HEATING, AND AIR-CONDITIONING CONTRACTORS
TUCSON, AZ 85712

SBA Loan Lender

VANTAGE WEST CU
2480 N ARCADIA
TUCSON, AZ 85712

This lender processed this SBA 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

238220 - Plumbing, Heating, and Air-Conditioning Contractors

Loan Approval Date

10/29/2007

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

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 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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.

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