How to Get a Loan for Sign Manufacturing
With these business loans for sign manufacturing, the SBA guarantees the lender that the loan will be repaid. This sign manufacturing loan for $301,000 was given to a Missouri entrepreneur in 2001.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Joplin, Missouri was able to borrow $301,000 from Arvest Bank. The SBA made the loan possible by guaranteeing $225,750 of this Missouri small business loan.
SBA Loan Borrower
COMPANY TYPE: SIGNS AND ADVERTISING SPECIALTIES
JOPLIN, MO 64801
SBA Loan Lender
ARVEST BANK
75 N EAST AVE
FAYETTEVILLE, AR 72701
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide loans to to entrepreneurs who might have trouble getting a conventional bank loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3993 - Signs and Advertising Specialties
NAICS Code
339950 - Sign Manufacturing
Loan Approval Date
2/13/2001
Loan Approval Gross Amount
$301,000
Loan Approval from the SBA
Of the total $301,000 loan amount, the SBA guaranteed $225,750.
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 10 employees. This SBA loan request did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
Many small businesses receive loans backed by the U.S. Small Business Administration.
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? 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:
Obtaining Funding From a Venture Capitalist
SBA Participating Banks in Fayetteville, Arkansas
Getting a Business Loan in Arkansas