How to Get a Loan for Schools and Instruction
With these business loans for schools and instruction, the SBA guarantees the lender that the loan will be repaid. This schools and instruction loan for $30,000 was given to an Arkansas entrepreneur in 2003.
Getting a small business loan in Fayetteville, Arkansas was important for this small business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Anb Finan, operating out of Bentonville, Arkansas. Here are the details on this Arkansas small business loan.
SBA Loan Borrower
COMPANY TYPE: SCHOOLS AND INSTRUCTION
FAYETTEVILLE, AR 72702
SBA Loan Lender
ANB FINAN
706 S WALTON BLVD
BENTONVILLE, AR 72712
This 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
611699 - Schools and Instruction
Loan Approval Date
7/22/2003
Loan Approval Gross Amount
$30,000
Loan Approval from the SBA
Of the total $30,000 loan amount, the SBA guaranteed $25,500.
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 only one employee. The SBA loan documents 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?
Every year, the SBA guarantees over $10 billion for loans just like this one.
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:
SBIR Funding
Where to Get an SBA Loan in Bentonville, Arkansas
Arkansas SBA Bank Lenders