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January 22, 2025 |
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| Home > Small Business Lenders by State > Arkansas Business Loan Sources > Pine Bluff, Business Loans > Pine Bluff National Bank Pine Bluff Business Loans > Caterers Loan | ||||
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Banks for Pine Bluff, Arkansas Businesses
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Raising Money for CaterersWith these business loans for caterers, the SBA guarantees the lender that the loan will be repaid. This caterers loan for $35,000 was given to an Arkansas entrepreneur in 2002. Getting a small business loan in Pine Bluff, Arkansas was important for this small business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Pine Bluff National Bank, operating out of Pine Bluff, Arkansas. Here are the details on this Arkansas small business loan. SBA Loan Borrower COMPANY TYPE: CATERERS SBA Loan Lender PINE BLUFF NATIONAL BANK This small business 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 722320 - Caterers Loan Approval Date 3/25/2002 Loan Approval Gross Amount $35,000 Loan Approval from the SBA Of the total $35,000 loan amount, the SBA guaranteed $29,750. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. The SBA loan documents did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Pine Bluff National Bank and they will explain how you can get an SBA loan for your company. 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: Find an SBA Lender in Pine Bluff, Arkansas
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