Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Examples of North Little Rock SBA Loans

 

 
Loan Census SBA Loan Info

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