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December 19, 2024 |
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| Home > Small Business Lenders by State > Arkansas Business Loan Sources > Bryant, Business Loans > Arvest Bank Bryant Business Loans > Special Trade Contractors Loan | ||||
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Small Business Loans from Arvest Bank
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Business Loan from Arvest Bank Given to Special Trade Contractors CompanyAn SBA loan from Arvest Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Malvern, Arkansas business owner got a $144,600 loan. This small firm received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Arvest Bank, out of Bryant, Arkansas. The loan was granted and they received $144,600 to help grow their Malvern, Arkansas business. SBA Loan Borrower COMPANY TYPE: SPECIAL TRADE CONTRACTORS SBA Loan Lender ARVEST BANK This lender issued this particular bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 235990 - Special Trade Contractors Loan Approval Date 3/26/2002 Loan Approval Gross Amount $144,600 Loan Approval from the SBA Of the total $144,600 loan amount, the SBA guaranteed $122,910. 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 3 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the money to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. 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 Arvest Bank 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. Related Links: Obtaining Funding From a Venture Capitalist Who Lends Money to Small Businesses in Bryant, Arkansas
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