How to Get a Loan for Store Retailers

Looking for business loans for store retailers? The SBA may be the answer. This $40,000 store retailers loan was issued by an Arkansas bank.

This business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Chambers Bank - No. Arkansas, out of Fayetteville, Arkansas. The loan was granted and they received $40,000 to help grow their Fayetteville, Arkansas business.

SBA Loan Borrower

COMPANY TYPE: STORE RETAILERS
FAYETTEVILLE, AR 72701

SBA Loan Lender

CHAMBERS BANK - NO. ARKANSAS
1685 E JOYCE BLVD
FAYETTEVILLE, AR 72703

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

453998 - Store Retailers

Loan Approval Date

3/18/2004

Loan Approval Gross Amount

$40,000

Loan Approval from the SBA

Of the total $40,000 loan amount, the SBA guaranteed $34,000.

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 5 employees. This SBA loan request did not indicate that the small business promised to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

The Art of Bootstrapping

Small Business Banks in Fayetteville, Arkansas

SBA Participating Banks in Arkansas