North Little Rock, Arkansas Lender Lends Money to Game, Toy, And Children's Vehicle Manufacturing Company
Find North Little Rock, Arkansas banks that specialize in small business loans and know how to work with entrepreneurs. Twin City Bank is one such bank, as evidenced by this SBA loan to one business.
Finding a small business loan in North Little Rock, Arkansas starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from Twin City Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: GAME, TOY, AND CHILDREN'S VEHICLE MANUFACTURING
NORTH LITTLE ROCK, AR 72116
SBA Loan Lender
TWIN CITY BANK
2716 LAKEWOOD VILLAGE PL
NORTH LITTLE ROCK, AR 72116
This lender processed this bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
339932 - Game, Toy, and Children's Vehicle Manufacturing
Loan Approval Date
4/19/2007
Loan Approval Gross Amount
$25,000
Loan Approval from the SBA
Of the total $25,000 loan amount, the SBA guaranteed $12,500.
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 loan would help generate 1 new job and retain 2 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
We can help you find the best banks for small businesses in North Little Rock 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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