Fort Smith, Arkansas Entrepreneur Gets a Bank Loan

Would an Arkansas SBA loan help your business get to the next level? If so, you may want to talk with this Oklahoma bank, which offers SBA loans to Arkansas entrepreneurs.

Getting a small business loan in Fort Smith, Arkansas was a top priority for this particular business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from First National Bank, Sallisaw. Here are the details on this Arkansas small business loan.

SBA Loan Borrower

COMPANY TYPE: DENTISTS
FORT SMITH, AR 72901

SBA Loan Lender

FIRST NATIONAL BANK, SALLISAW
1720 E CHEROKEE
SALLISAW, OK 74955

This lender processed this 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

621210 - Dentists

Loan Approval Date

12/22/2004

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $100,000.

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 14 employees. The SBA loan application for the borrower indicated that the funding would help create 3 new jobs.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like First National Bank, Sallisaw and they will explain how you can get an SBA loan for your company.

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:

Family and Friend Investors - Your First Financiers

Banks in Sallisaw, Oklahoma

Where to Get an SBA Loan Oklahoma