Raising Money for Sewage Treatment Facilities

Looking for business loans for sewage treatment facilities? An SBA loan may be just what you've been looking for. This $23,000 sewage treatment facilities loan was issued by an Arkansas bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Bentonville, Arkansas was able to borrow $23,000 from Arvest Bank. The SBA made the loan possible by guaranteeing $19,550 of this Arkansas small business loan.

SBA Loan Borrower

COMPANY TYPE: SEWAGE TREATMENT FACILITIES
BENTONVILLE, AR 72712

SBA Loan Lender

ARVEST BANK
5201 VILLAGE PKWY
ROGERS, AR 72758

This lender issued this particular commercial loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

221320 - Sewage Treatment Facilities

Loan Approval Date

4/18/2001

Loan Approval Gross Amount

$23,000

Loan Approval from the SBA

Of the total $23,000 loan amount, the SBA guaranteed $19,550.

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 only one employee. The loan application did not indicate that the small business promised to use the money to hire new employees or retain any existing employees.

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

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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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