Commercial Loans for Toilet Preparation Manufacturing
Looking for commercial loans for toilet preparation manufacturing? The SBA may be the answer. This $90,500 toilet preparation manufacturing loan was issued by an Arkansas bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in North Little Rock, Arkansas was able to borrow $90,500 from Metropolitan National Bank. The SBA made the loan possible by guaranteeing $67,875 of this Arkansas small business loan.
SBA Loan Borrower
COMPANY TYPE: TOILET PREPARATION MANUFACTURING
NORTH LITTLE ROCK, AR 72117
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 commercial loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
325620 - Toilet Preparation Manufacturing
Loan Approval Date
9/30/2003
Loan Approval Gross Amount
$90,500
Loan Approval from the SBA
Of the total $90,500 loan amount, the SBA guaranteed $67,875.
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 13 employees. The SBA loan application for the borrower did not indicate that the business planned to use the funding to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
Every year, the SBA guarantees over $10 billion for loans just like this one.
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.
Related Links:
Business Line of Credit
Best Banks for Small Business in Little Rock, Arkansas
Arkansas SBA Bank Lenders