Growing Company Gets an Arkansas SBA Loan
ArkansasBank loans are available to Arkansas firms through the SBA. In this case, an Arkansas bank provides the loan.
Getting a small business loan in Gentry, Arkansas was a top priority for this loan applicant back in 2003 and, based on their loan application, they were successful in getting an SBA loan from First Financial Bank. Here are the details on this Arkansas small business loan.
SBA Loan Borrower
COMPANY TYPE: POULTRY PRODUCTION
GENTRY, AR 72734
SBA Loan Lender
FIRST FINANCIAL BANK
2646 E JOYCE BLVD, STE 2
FAYETTEVILLE, AR 72703
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA loans to to our country's hard-working small business owners.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
112390 - Poultry Production
Loan Approval Date
11/26/2003
Loan Approval Gross Amount
$1,333,000
Loan Approval from the SBA
Of the total $1,333,000 loan amount, the SBA guaranteed $999,750.
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 4 employees. The loan application did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans provide money to small business owners for working capital for other expenses.
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:
The Art of Bootstrapping
SBA 7A Lenders in Fayetteville, Arkansas
Getting an SBA Loan in Arkansas