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November 21, 2024  
 
 
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Arkansas Small Business Funding

 

 
Loan Census SBA Loan Info

Where to Get Capital for Specialized Design Services

With these small business loans for specialized design services, the SBA guarantees the lender that the loan will be repaid. This specialized design services loan for $51,400 was given to an Arkansas entrepreneur in 2006.

This small firm received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Arvest Bank, out of Tulsa, Oklahoma. The loan was granted and they received $51,400 to help grow their Lonoke, Arkansas business.

SBA Loan Borrower

COMPANY TYPE: SPECIALIZED DESIGN SERVICES
LONOKE, AR 72086

SBA Loan Lender

ARVEST BANK
3409 S PEORIA AVE, STE 1
TULSA, OK 74105

This SBA business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

541490 - Specialized Design Services

Loan Approval Date

9/21/2006

Loan Approval Gross Amount

$51,400

Loan Approval from the SBA

Of the total $51,400 loan amount, the SBA guaranteed $25,700.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 loan application indicated that the borrowed money would help create 2 new jobs.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

We can help you find the best banks for small businesses in Lonoke 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.

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