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PHX Reporter

Tuesday, November 5, 2024

Arizona Department of Financial Institutions issues one commercial mortgage banker license in zip code 85204 during Q4

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The Arizona Department of Financial Institutions issued one commercial mortgage banker license in the zip code 85204 during the fourth quarter, according to the State of Arizona.

More than 99 percent of Arizona's businesses are considered small with more than 40 percent of Arizona employees working for small businesses, according to the U.S. Small Business Administration.

A study by Civic Economics found that when $100 is spent at a locally-owned business, that business puts $47 back into the local economy while the total is just $13 for non-local businesses.

Licenses issued by Arizona Department of Financial Institutions during Q4
License HolderLicense TypeIssued DateLicense Number
Sound Capital Loans, LLC, Mesa, AZ BranchCommercial Mortgage Broker2020-10-09CMB-BR-1013403
Sound Capital Loans, LLC, Mesa, AZ BranchCommercial Mortgage Banker2020-10-09CBK-BR-1013406

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