Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

Business Loans for Fayetteville Entrepreneurs

 

 
Loan Census SBA Loan Info

Raising Money for Real Estate Appraisers

With these business loans for real estate appraisers, the SBA guarantees the lender that the loan will be repaid. This real estate appraisers loan for $50,000 was given to an Arkansas entrepreneur in 2005.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Fayetteville, Arkansas was able to borrow $50,000 from Bank Of America. The SBA made the loan possible by guaranteeing $25,000 of this Arkansas small business loan.

SBA Loan Borrower

COMPANY TYPE: REAL ESTATE APPRAISERS
FAYETTEVILLE, AR 72704

SBA Loan Lender

BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255

This lender processed this SBA business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

531320 - Real Estate Appraisers

Loan Approval Date

4/28/2005

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 6 employees. The loan application indicated that the loan would help retain 6 existing jobs.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Understanding Dilution

Small Bank Loans in Charlotte, North Carolina

SBA Lenders in North Carolina