Fayetteville, Arkansas Lender Lends Money to Food Manufacturing Company

Find Fayetteville, Arkansas banks that specialize in business loans and know how to work with entrepreneurs. The Bank Of Fayetteville is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in Farmington, Arkansas starts with an understanding of who else has gotten loans in the area. In this case, a local small business received funding from The Bank Of Fayetteville. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: FOOD MANUFACTURING
FARMINGTON, AR 72730

SBA Loan Lender

THE BANK OF FAYETTEVILLE
ONE S BLOCK ST
FAYETTEVILLE, AR 72701

This SBA business 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

311999 - Food Manufacturing

Loan Approval Date

10/28/2005

Loan Approval Gross Amount

$202,300

Loan Approval from the SBA

Of the total $202,300 loan amount, the SBA guaranteed $151,725.

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 4 employees. The loan application did not indicate that the SBA funding recipient planned to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

This SBA loan was for $202,300. How would you spend $202,300 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

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SBA 7A Banks for Fayetteville, Arkansas Loans

SBA Arkansas Lenders