Arvest Bank Provides SBA Loan to Buy True Value Hardware Franchise

Need a loan to purchase a True Value Hardware franchise? Arvest Bank has a history of making these loans and they are guaranteed by the SBA.

True Value Hardware franchise loans are available to Berryville, Arkansas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Arvest Bank, based in Berryville, Arkansas, issued an SBA franchise loan for a True Value Hardware franchise in 2000. We've got all the details on this Arkansas small business loan.

SBA Loan Borrower

HARDWARE MCMASTER, INC.
BERRYVILLE, AR 72616

SBA Loan Lender

ARVEST BANK
401 W TRIMBLE
BERRYVILLE, AR 72616

This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

444130 - Hardware Stores

Loan Approval Date

11/17/2000

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $150,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a True Value Hardware franchise. At the time of the loan, the company had 8 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

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 Arvest Bank 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.

Related Links:

True Value Hardware

Bank Credit Lines

SBA 7A Banks for Berryville, Arkansas Loans

Arkansas SBA 7A Lenders