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November 15, 2024 |
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| Home > Small Business Lenders by State > Arkansas Business Loan Sources > Little Rock, Business Loans > Bank Of The Ozarks Little Rock Business Loans > Automotive Glass Replacement Shops Loan | ||||
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Tips for Small Business Owners On Getting a Loan
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Getting an SBA Loan for Automotive Glass Replacement ShopsLooking for commercial loans for automotive glass replacement shops? Try the SBA. This $89,250 automotive glass replacement shops loan was issued by an Arkansas bank. Getting a small business loan in Little Rock, Arkansas was important for this business back in 2001 and, based on 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: AUTOMOTIVE GLASS REPLACEMENT SHOPS SBA Loan Lender BANK OF THE OZARKS This lender issued this SBA small business loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 811122 - Automotive Glass Replacement Shops Loan Approval Date 4/6/2001 Loan Approval Gross Amount $89,250 Loan Approval from the SBA Of the total $89,250 loan amount, the SBA guaranteed $75,863. 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 2 employees. The SBA loan documents did not indicate that the company promised to use the money to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide smart, affordable business financing for small businesses looking to expand. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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 Friends and Family Network SBA Approved Banks in Little Rock, Arkansas Getting a Business Loan in Arkansas
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