Bentonville, Arkansas Bank Gives SBA Loan to Office Equipment Wholesalers Company

Get small business loans from a Bentonville, Arkansas bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

Anb Finan is a Bentonville, Arkansas small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to an Arkansas company.

SBA Loan Borrower

COMPANY TYPE: OFFICE EQUIPMENT WHOLESALERS
FAYETTEVILLE, AR 72703

SBA Loan Lender

ANB FINAN
706 S WALTON BLVD
BENTONVILLE, AR 72712

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

421420 - Office Equipment Wholesalers

Loan Approval Date

1/13/2006

Loan Approval Gross Amount

$36,900

Loan Approval from the SBA

Of the total $36,900 loan amount, the SBA guaranteed $18,450.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job.

Great, But How Can I Get an SBA Loan for My Business?

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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.

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