Small Business Loans for Plumbing and Heating Equipment and Supplies Merchant Wholesaler

With these small business loans for plumbing and heating equipment and supplies merchant wholesaler, the SBA guarantees the lender that the loan will be repaid. This plumbing and heating equipment and supplies merchant wholesaler loan for $258,000 was given to an Arkansas entrepreneur in 2004.

Getting a small business loan in Little Rock, Arkansas was important for this growing firm back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Metropolitan National Bank, operating out of Little Rock, Arkansas. Here are the details on this Arkansas small business loan.

SBA Loan Borrower

COMPANY TYPE: PLUMBING AND HEATING EQUIPMENT AND SUPPLIES MERCHANT WHOLESALER
LITTLE ROCK, AR 72204

SBA Loan Lender

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

This debt financing 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.

NAICS Code

423720 - Plumbing and Heating Equipment and Supplies Merchant Wholesaler

Loan Approval Date

5/26/2004

Loan Approval Gross Amount

$258,000

Loan Approval from the SBA

Of the total $258,000 loan amount, the SBA guaranteed $193,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 11 employees. This SBA loan request did not indicate that the business planned to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

We can help you find the best banks for small businesses in Little Rock or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Understanding Dilution

Where to Get an SBA Loan in Little Rock, Arkansas

Getting an SBA Loan in Arkansas