Fayetteville, AR Entrepreneur Gets SBA Loan to Buy Miracle-Ear Centers Franchise

Need money to buy a Miracle-Ear Centers franchise? Anb Finan has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Miracle-Ear Centers franchise may simply require a phone call to a local SBA banker. In 2001, Anb Finan issued an SBA franchise loan to an entrepreneur in Fayetteville, Arkansas. Because Miracle-Ear Centers was registered with the SBA's registry of franchises, this Arkansas small business loan was issued on an expedited basis.

SBA Loan Borrower

NORTHWEST ARKANSAS HEARING AID
FAYETTEVILLE, AR 72703

SBA Loan Lender

ANB FINAN
706 S WALTON BLVD
BENTONVILLE, AR 72712

This lender issued this particular 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

446130 - Optical Goods Stores

Loan Approval Date

3/19/2001

Loan Approval Gross Amount

$127,000

Loan Approval from the SBA

Of the total $127,000 loan amount, the SBA guaranteed $107,950.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Miracle-Ear Centers franchise. At the time of the loan, the company had 3 employees. The loan application did not indicate that the SBA funding recipient planned to use the money to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Miracle Ear Hearing Systems

VC Firms on Twitter

SBA Participating Banks in Bentonville, Arkansas

Arkansas SBA Bank Lenders