Business Loans for Meat Markets

Looking for business loans for meat markets? Try the SBA. This $70,000 meat markets loan was issued by an Arkansas bank.

This small business knew how to go about getting a business bank loan. Based in Benton, Arkansas, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was The Malvern National Bank, based in Benton, Arkansas.

SBA Loan Borrower

COMPANY TYPE: MEAT MARKETS
BENTON, AR 72015

SBA Loan Lender

THE MALVERN NATIONAL BANK
1111 MILITARY RD
BENTON, AR 72015

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide small business loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445210 - Meat Markets

Loan Approval Date

6/18/2002

Loan Approval Gross Amount

$70,000

Loan Approval from the SBA

Of the total $70,000 loan amount, the SBA guaranteed $59,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The loan application 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

If you are wondering how to raise money for a business in Benton AR, you ought to talk with a local Benton SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Benton businesses.

This SBA loan was for $70,000. How would you spend $70,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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Getting a Small Business Loan

Who Lends Money to Small Businesses in Benton, Arkansas

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