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