Jonesboro, Arkansas Business Gets SBA-Guaranteed Funding from Newtek Small Business Finance Inc.

Newtek Small Business Finance Inc. has a track record as a leading provider of SBA loans. Find out how this Arkansas entrepreneur received an SBA loan from them.

Getting a small business loan in Jonesboro, Arkansas was an essential business goal for this company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Newtek Small Business Finance Inc., operating out of New York, New York. Here are the details on this Arkansas small business loan.

SBA Loan Borrower

COMPANY TYPE: AMUSEMENT AND THEME PARKS
JONESBORO, AR 72401

SBA Loan Lender

NEWTEK SMALL BUSINESS FINANCE INC.
1440 BROADWAY, 17TH FL.
NEW YORK, NY 10018

This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

713110 - Amusement and Theme Parks

Loan Approval Date

12/5/2007

Loan Approval Gross Amount

$640,000

Loan Approval from the SBA

Of the total $640,000 loan amount, the SBA guaranteed $480,000.

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 20 employees. The SBA loan documents indicated that the loan would help generate 20 new jobs and retain 40 existing jobs.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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.

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