Local Business Gets an Arkansas SBA Loan
Want 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.
You can learn something about getting a small business loan in Bella Vista, Arkansas by studying this loan to a local business, made back in 2005. Banks like Arkansas Capital Corporation may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: CHILD DAY CARE SERVICES
BELLA VISTA, AR 72714
SBA Loan Lender
ARKANSAS CAPITAL CORPORATION
200 S. COMMERCE ST., SUITE 40
LITTLE ROCK, AR 72201
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
624410 - Child Day Care Services
Loan Approval Date
1/3/2005
Loan Approval Gross Amount
$539,200
Loan Approval from the SBA
Of the total $539,200 loan amount, the SBA guaranteed $404,400.
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 3 employees. This SBA loan request indicated that the loan would help generate 11 new jobs and retain 1 existing job.
Getting an SBA Loan For Your Business
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Arkansas Capital Corporation and they will explain how you can get an SBA loan for your company.
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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