Entrepreneur Works With Lepanto, Arkansas Bank to Get an SBA Loan
Get business loans from a Lepanto, Arkansas bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.
Little River Bank is a Lepanto, Arkansas small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to an Arkansas company.
SBA Loan Borrower
COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
LEPANTO, AR 72354
SBA Loan Lender
LITTLE RIVER BANK
202 GREENWOOD AVE
LEPANTO, AR 72354
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide small business 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
445310 - Beer, Wine, and Liquor Stores
Loan Approval Date
3/29/2004
Loan Approval Gross Amount
$50,500
Loan Approval from the SBA
Of the total $50,500 loan amount, the SBA guaranteed $42,925.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 3 employees. This SBA loan request did not indicate that the business promised to use the money to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Little River Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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 Lepanto, Arkansas
SBA Lenders in Arkansas