Eagle Bank And Trust Company Gives Business Loan to Apparel And Accessory Stores Company
Looking to get an Arkansas SBA loan? This Arkansas entrepreneur got an SBA loan, provided by an Arkansas bank that works with the SBA to help small business owners.
You can learn something about getting a small business loan in Little Rock, Arkansas by studying this loan to a local business, made back in 2000. Banks like Eagle Bank And Trust Company may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: APPAREL AND ACCESSORY STORES
LITTLE ROCK, AR 72205
SBA Loan Lender
EAGLE BANK AND TRUST COMPANY
650 S SHACKLEFORD, STE 150
LITTLE ROCK, AR 72211
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5699 - Apparel and Accessory Stores
NAICS Code
448190 - Clothing Stores
Loan Approval Date
10/4/2000
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $80,000.
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 SBA loan documents did not indicate that the company promised to use the loan proceeds to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
This SBA loan was for $100,000. How would you spend $100,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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 - Friends and Family
SBA 7A Banks for Little Rock, Arkansas Loans
SBA Lenders in Arkansas