Blytheville, Arkansas Lender Lends Money to Outdoor Advertising Services Company
Get business loans from a Blytheville, Arkansas bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.
Farmers Bank & Trust Co. is a Blytheville, 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: OUTDOOR ADVERTISING SERVICES
OSCEOLA, AR 72370
SBA Loan Lender
FARMERS BANK & TRUST CO.
400 W MAIN
BLYTHEVILLE, AR 72315
The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide commercial loans to to our country's hard-working small business owners.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7312 - Outdoor Advertising Services
NAICS Code
541850 - Display Advertising
Loan Approval Date
6/29/2000
Loan Approval Gross Amount
$33,000
Loan Approval from the SBA
Of the total $33,000 loan amount, the SBA guaranteed $26,400.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had only one employee. The loan application did not indicate that the SBA funding recipient planned to use the loan proceeds to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
Many small businesses receive loans backed by the U.S. Small Business Administration.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $33,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
Financing Your Business
SBA 7A Banks in Blytheville, Arkansas
Where to Get an SBA Loan Arkansas