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December 26, 2024 |
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| Home > Small Business Lenders by State > Arkansas Business Loan Sources > North Little Rock, Business Loans > Natl Bank - Arkansas In No. Litt North Little Rock Business Loans > Drycleaning And Laundry Services Loan | ||||
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How to Get SBA Loans in North Little Rock, Arkansas
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Small Business Loans for Drycleaning and Laundry ServicesLooking for small business loans for drycleaning and laundry services? The SBA may be the answer. This $554,000 drycleaning and laundry services loan was issued by an Arkansas bank. This small firm received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Natl Bank - Arkansas In No. Litt, out of North Little Rock, Arkansas. The loan was granted and they received $554,000 to help grow their North Little Rock, Arkansas business. SBA Loan Borrower COMPANY TYPE: DRYCLEANING AND LAUNDRY SERVICES SBA Loan Lender NATL BANK - ARKANSAS IN NO. LITT SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA small business loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 812320 - Drycleaning and Laundry Services Loan Approval Date 4/4/2002 Loan Approval Gross Amount $554,000 Loan Approval from the SBA Of the total $554,000 loan amount, the SBA guaranteed $415,500. More Information on This SBA Loan The borrower borrowed this money for an existing 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 34 employees. The SBA loan application for the borrower did not indicate that the business promised to use the funding to add employees or retain any existing employees. Getting an SBA Loan For Your Business If you are wondering how to raise money for a business in North Little Rock AR, you ought to talk with a local North Little Rock SBA lender or talk with an out-of-area SBA lender that has previously loaned money to North Little Rock businesses. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $554,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: SBA 7A Banks in North Little Rock, Arkansas
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