Metropolitan National Bank Provides SBA Loan to Buy Marblelife Franchise

Need a loan to buy a Marblelife franchise? Metropolitan National Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Marblelife franchise is doable. In 2005, Metropolitan National Bank issued an SBA franchise loan to an entrepreneur in Little Rock, Arkansas. Because Marblelife was registered with the SBA's registry of franchises, this Arkansas small business loan was issued on an expedited basis.

SBA Loan Borrower

MARBLELIFE OF ARKANSAS
LITTLE ROCK, AR 72205

SBA Loan Lender

METROPOLITAN NATIONAL BANK
425 W CAPITOL AVE
LITTLE ROCK, AR 72201

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

238990 - Specialty Trade Contractors

Loan Approval Date

2/9/2005

Loan Approval Gross Amount

$8,139

Loan Approval from the SBA

Of the total $8,139 loan amount, the SBA guaranteed $4,069.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Marblelife franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 1 existing job.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

This SBA loan was for $8,139. How would you spend $8,139 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.

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