Liberty Bank Of Arkansas Gives Business Loan to Real Estate Agents And Brokers Company

SBA loans in Arkansas are hard to find these days. We take a look at one Arkansas SBA loan, provided by an Arkansas bank, that was approved by the SBA.

This company, based in Mountain Home, Arkansas, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Liberty Bank Of Arkansas. We've got the inside scoop on this Arkansas small business loan.

SBA Loan Borrower

COMPANY TYPE: REAL ESTATE AGENTS AND BROKERS
MOUNTAIN HOME, AR 72653

SBA Loan Lender

LIBERTY BANK OF ARKANSAS
665 HWY 62 NE
MOUNTAIN HOME, AR 72653

This lender issued this loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

531210 - Real Estate Agents and Brokers

Loan Approval Date

11/20/2006

Loan Approval Gross Amount

$1,075,250

Loan Approval from the SBA

Of the total $1,075,250 loan amount, the SBA guaranteed $806,438.

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 7 employees. The SBA loan application for the borrower did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Liberty Bank Of Arkansas are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Business Incubators

Best Mountain Home, Arkansas Banks for Small Business

Arkansas SBA 7A Lenders