Bancorpsouth Bank SBA Loan to Beer, Wine, And Liquor Stores Company
Bancorpsouth Bank has a track record as a leading provider of SBA loans. Find out how this Arkansas entrepreneur received an SBA loan from them.
Getting a small business loan in Brinkley, Arkansas was an essential business goal for this small business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Bancorpsouth Bank, operating out of Brinkley, Arkansas. Here are the details on this Arkansas small business loan.
SBA Loan Borrower
COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
BRINKLEY, AR 72021
SBA Loan Lender
BANCORPSOUTH BANK
800 N MAIN ST
BRINKLEY, AR 72021
This bank 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
445310 - Beer, Wine, and Liquor Stores
Loan Approval Date
7/26/2001
Loan Approval Gross Amount
$132,100
Loan Approval from the SBA
Of the total $132,100 loan amount, the SBA guaranteed $112,285.
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 3 employees. This SBA loan request did not indicate that the business promised to use the loan proceeds to increase staffing levels or retain any existing employees.
Next Steps for Getting an SBA Loan
Every year, the SBA guarantees over $10 billion for loans just like this one.
This company got an SBA loan. You can too! Maybe you need seed money for a small 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:
The Friends and Family Network
Best Banks in Brinkley, Arkansas
SBA Arkansas Lenders