Bottled Water Manufacturing Business Loans

Looking for business loans for bottled water manufacturing? The SBA may be the answer. This $51,300 bottled water manufacturing loan was issued by an Arkansas bank.

Getting a small business loan in Bryant, Arkansas was important for this small business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from The Malvern National Bank, operating out of Malvern, Arkansas. Here are the details on this Arkansas small business loan.

SBA Loan Borrower

COMPANY TYPE: BOTTLED WATER MANUFACTURING
BRYANT, AR 72022

SBA Loan Lender

THE MALVERN NATIONAL BANK
1 MONEY PL
MALVERN, AR 72104

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

312112 - Bottled Water Manufacturing

Loan Approval Date

10/28/2004

Loan Approval Gross Amount

$51,300

Loan Approval from the SBA

Of the total $51,300 loan amount, the SBA guaranteed $43,605.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 15 employees. The SBA loan application for the borrower did not indicate that the company planned 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?

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into The Malvern National Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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 Cash Advances

Small Bank Loans in Malvern, Arkansas

SBA Participating Banks in Arkansas