Loan Census Banking News and Information
December 19, 2024  
 
 
  Business Loan Information  
 

SBA Lenders Arkansas

 

 
Loan Census SBA Loan Info

Entrepreneur Works With Little Rock, Arkansas Bank to Get an SBA Loan

Thinking about meeting with a Little Rock, Arkansas bank about an SBA loan? Here's one Arkansas business loan, issued by a Little Rock bank, that was approved by the SBA.

Applying for an SBA loan with Metropolitan National Bank worked out well for our friends at one local firm in Maumelle, Arkansas. They received an SBA loan for $47,700. Awesome!

SBA Loan Borrower

COMPANY TYPE: PERIODICAL PUBLISHERS
MAUMELLE, AR 72113

SBA Loan Lender

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

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

511120 - Periodical Publishers

Loan Approval Date

8/4/2006

Loan Approval Gross Amount

$47,700

Loan Approval from the SBA

Of the total $47,700 loan amount, the SBA guaranteed $40,545.

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 2 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Metropolitan National Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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 - Getting Venture Capital

Banks in Little Rock, Arkansas

SBA Arkansas Banks