Loan Census Banking News and Information
April 30, 2024  
 
 
  Business Loan Information  
 

Arizona Small Business Funding

 

 
Loan Census SBA Loan Info

Small Business Loans for Meat Processed from Carcasses

With these small business loans for meat processed from carcasses, the SBA guarantees the lender that the loan will be repaid. This meat processed from carcasses loan for $163,600 was given to an Arizona entrepreneur in 2000.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Willcox, Arizona was able to borrow $163,600 from Jpmorgan Chase Bank. The SBA made the loan possible by guaranteeing $122,700 of this Arizona small business loan.

SBA Loan Borrower

COMPANY TYPE: MEATS AND MEAT PRODUCTS
WILLCOX, AZ 85643

SBA Loan Lender

JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002

This lender issued this bank loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5147 - Meats and Meat Products

NAICS Code

311612 - Meat Processed from Carcasses

Loan Approval Date

12/21/2000

Loan Approval Gross Amount

$163,600

Loan Approval from the SBA

Of the total $163,600 loan amount, the SBA guaranteed $122,700.

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 6 employees. The loan application did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a company in Willcox AZ, you ought to talk with a local Willcox SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Willcox businesses.

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.

Related Links:

Accountant's Role in Securing Financing

SBA 7A Lenders in Houston, Texas

SBA Texas Banks