Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

Blytheville Business Loans from Regions Bank

 

 
Loan Census SBA Loan Info

Regions Bank SBA Loan to Home Health Care Services Company

Regions Bank has a track record as a leading provider of SBA loans. Find out how this Arkansas entrepreneur received an SBA loan from them.

This growing company knew how to go about getting a business bank loan. Based in Blytheville, Arkansas, they applied for and received an SBA-guaranteed loan in 2005. The lending bank was Regions Bank, based in Jonesboro, Arkansas.

SBA Loan Borrower

COMPANY TYPE: HOME HEALTH CARE SERVICES
BLYTHEVILLE, AR 72316

SBA Loan Lender

REGIONS BANK
2400 E HIGHLAND DR
JONESBORO, AR 72401

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

621610 - Home Health Care Services

Loan Approval Date

6/10/2005

Loan Approval Gross Amount

$1,181,000

Loan Approval from the SBA

Of the total $1,181,000 loan amount, the SBA guaranteed $885,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 18 employees. The loan application did not indicate that the business planned to use the money to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a business in Blytheville AR, you ought to talk with a local Blytheville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Blytheville businesses.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? 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 Incubators

Small Bank Loans in Jonesboro, Arkansas

Arkansas SBA Bank Lenders