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November 21, 2024  
 
 
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SBA 7A Banks for Berryville Small Business Owners

 

 
Loan Census SBA Loan Info

How to Get a Loan for Plate Work Manufacturing

Looking for business loans for plate work manufacturing? Talk to a banker who works with the SBA. This $150,000 plate work manufacturing loan was issued by an Arkansas bank.

This small business knew how to go about getting a business bank loan. Based in Berryville, Arkansas, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Community First Bank, based in Harrison, Arkansas.

SBA Loan Borrower

COMPANY TYPE: PLATE WORK MANUFACTURING
BERRYVILLE, AR 72616

SBA Loan Lender

COMMUNITY FIRST BANK
200 E RIDGE
HARRISON, AR 72601

This lender issued this particular bank 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

332313 - Plate Work Manufacturing

Loan Approval Date

8/8/2005

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 an existing business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. This SBA loan request did not indicate that the company 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?

If you are wondering how to find money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Business Credit Evaluation

SBA 7A Lenders in Harrison, Arkansas

Arkansas SBA 7A Banks