Pine Bluff National Bank Gives Bank Loan to Veterinary Services Company
Searching for an Arkansas business loan? This Arkansas entrepreneur got a business loan, provided by an Arkansas bank that works with the SBA to help small business owners.
By giving the right information to Pine Bluff National Bank, this Little Rock, Arkansas business was able to get an SBA loan. To get this loan, the business owner gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back.
SBA Loan Borrower
COMPANY TYPE: VETERINARY SERVICES
LITTLE ROCK, AR 72206
SBA Loan Lender
PINE BLUFF NATIONAL BANK
912 POPLAR ST
PINE BLUFF, AR 71601
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
541940 - Veterinary Services
Loan Approval Date
1/28/2005
Loan Approval Gross Amount
$71,000
Loan Approval from the SBA
Of the total $71,000 loan amount, the SBA guaranteed $60,350.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. The SBA loan application for the borrower did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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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