Small Business Loans for Pet and Pet Supplies Stores
Looking for small business loans for pet and pet supplies stores? An SBA loan may be just what you've been looking for. This $501,100 pet and pet supplies stores loan was issued by an Arkansas bank.
This company knew how to go about getting a business bank loan. Based in Alma, Arkansas, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Arkansas Capital Corporation, based in Little Rock, Arkansas.
SBA Loan Borrower
COMPANY TYPE: PET AND PET SUPPLIES STORES
ALMA, AR 72921
SBA Loan Lender
ARKANSAS CAPITAL CORPORATION
200 S. COMMERCE ST., SUITE 40
LITTLE ROCK, AR 72201
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
453910 - Pet and Pet Supplies Stores
Loan Approval Date
12/30/2003
Loan Approval Gross Amount
$501,100
Loan Approval from the SBA
Of the total $501,100 loan amount, the SBA guaranteed $375,825.
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 7 employees. The SBA loan documents did not indicate that the SBA funding recipient planned 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 find money to start a business or need money to grow a business, an SBA loan can be a great funding source
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $501,100 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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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