Bank Of The Ozarks SBA Loan to Aircraft Parts And Auxiliary Equipment, N.E.C Company
Want an Arkansas business loan? Here's one Arkansas business loan that was approved by the SBA.
This growing firm needed an SBA business loan in Little Rock, Arkansas back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from Bank Of The Ozarks, operating out of Little Rock, Arkansas. Here are the details on this Arkansas small business loan.
SBA Loan Borrower
COMPANY TYPE: AIRCRAFT PARTS AND AUXILIARY EQUIPMENT, N.E.C
LITTLE ROCK, AR 72221
SBA Loan Lender
BANK OF THE OZARKS
12615 CHENAL PKWY
LITTLE ROCK, AR 72211
This lender issued this particular loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3728 - Aircraft Parts and Auxiliary Equipment, N.E.C
Loan Approval Date
3/28/2000
Loan Approval Gross Amount
$75,000
Loan Approval from the SBA
Of the total $75,000 loan amount, the SBA guaranteed $60,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 6 employees. The loan application did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
If you are wondering how to raise money for a business in Little Rock AR, you ought to talk with a local Little Rock SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Little Rock businesses.
This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? 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:
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Where to Get an SBA Loan Arkansas