Business Loan from Anb Finan Given to Meat Markets Company

An SBA loan from Anb Finan typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Bentonville, Arkansas business owner got a $150,000 loan.

This small firm knew how to go about getting a business bank loan. Based in Bentonville, Arkansas, they applied for and received an SBA-guaranteed loan in 2001. The lending bank was Anb Finan, based in Bentonville, Arkansas.

SBA Loan Borrower

COMPANY TYPE: MEAT MARKETS
BENTONVILLE, AR 72712

SBA Loan Lender

ANB FINAN
706 S WALTON BLVD
BENTONVILLE, AR 72712

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445210 - Meat Markets

Loan Approval Date

1/23/2001

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 a new 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 5 employees. The loan application did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

Every year, the SBA guarantees over $10 billion for loans just like this one.

This SBA loan was for $150,000. How would you spend $150,000 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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