Financing for Services Related to Advertising

With these loans for services related to advertising, the SBA guarantees the lender that the loan will be repaid. This services related to advertising loan for $50,000 was given to an Arkansas entrepreneur in 2000.

This company knew how to go about getting a business bank loan. Based in North Little Rock, Arkansas, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Eagle Bank And Trust Company, based in Sherwood, Arkansas.

SBA Loan Borrower

COMPANY TYPE: SERVICES RELATED TO ADVERTISING
NORTH LITTLE ROCK, AR 72116

SBA Loan Lender

EAGLE BANK AND TRUST COMPANY
7725 WARDEN RD
SHERWOOD, AR 72116

This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541890 - Services Related to Advertising

Loan Approval Date

12/18/2000

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $40,000.

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 loan application did not indicate that the business promised to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Eagle Bank And Trust Company 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 - How to Borrow Money

Small Business Banks in Sherwood, Arkansas

Arkansas SBA 7A Lenders