SBA Loan from Bank Of The Ozarks Helps Commercial Photography Company
Bank Of The Ozarks has a track record as a leading provider of SBA loans. Find out how this Arkansas entrepreneur received an SBA loan from them.
This business knew how to go about getting a business bank loan. Based in Little Rock, Arkansas, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was Bank Of The Ozarks, based in Little Rock, Arkansas.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL PHOTOGRAPHY
LITTLE ROCK, AR 72212
SBA Loan Lender
BANK OF THE OZARKS
12615 CHENAL PKWY
LITTLE ROCK, AR 72211
This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7335 - Commercial Photography
NAICS Code
541922 - Commercial Photography
Loan Approval Date
12/14/2000
Loan Approval Gross Amount
$95,000
Loan Approval from the SBA
Of the total $95,000 loan amount, the SBA guaranteed $76,000.
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 2 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.
Next Steps for Getting an SBA Loan
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Bank Of The Ozarks and they will explain how you can get an SBA loan for your company.
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.
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