Bank Loans for Poultry and Poultry Product Merchant Wholesalers

Looking for bank loans for poultry and poultry product merchant wholesalers? Talk to a banker who works with the SBA. This $150,000 poultry and poultry product merchant wholesalers loan was issued by an Arkansas bank.

This company received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Metropolitan National Bank, out of Little Rock, Arkansas. The loan was granted and they received $150,000 to help grow their Beebe, Arkansas business.

SBA Loan Borrower

COMPANY TYPE: POULTRY AND POULTRY PRODUCT MERCHANT WHOLESALERS
BEEBE, AR 72012

SBA Loan Lender

METROPOLITAN NATIONAL BANK
425 W CAPITOL AVE
LITTLE ROCK, AR 72201

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

424440 - Poultry and Poultry Product Merchant Wholesalers

Loan Approval Date

7/13/2006

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job.

Next Steps for Getting an SBA Loan

Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Metropolitan National Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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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