Entrepreneur Works With Lepanto, Arkansas Bank to Get an SBA Loan
Get business loans from a Lepanto, Arkansas bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.
Little River Bank is a Lepanto, Arkansas small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to an Arkansas company.
SBA Loan Borrower
COMPANY TYPE: FULL-SERVICE RESTAURANTS
OSCEOLA, AR 72370
SBA Loan Lender
LITTLE RIVER BANK
202 GREENWOOD AVE
LEPANTO, AR 72354
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This 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
722110 - Full-Service Restaurants
Loan Approval Date
1/18/2008
Loan Approval Gross Amount
$43,000
Loan Approval from the SBA
Of the total $43,000 loan amount, the SBA guaranteed $36,550.
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 12 employees. The loan application indicated that the loan would help retain 12 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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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