Simmons 1st Bank - N.W. Arkansas SBA Loan to Digital Printing Company
Simmons 1st Bank - N.W. Arkansas has a track record as a leading provider of SBA loans. Find out how this Arkansas entrepreneur received an SBA loan from them.
Getting a small business loan in Rogers, Arkansas was an essential business goal for this small business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Simmons 1st Bank - N.W. Arkansas, operating out of Rogers, Arkansas. Here are the details on this Arkansas small business loan.
SBA Loan Borrower
COMPANY TYPE: DIGITAL PRINTING
ROGERS, AR 72756
SBA Loan Lender
SIMMONS 1ST BANK - N.W. ARKANSAS
111 N 8TH ST
ROGERS, AR 72756
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This debt financing was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
323115 - Digital Printing
Loan Approval Date
12/28/2007
Loan Approval Gross Amount
$250,175
Loan Approval from the SBA
Of the total $250,175 loan amount, the SBA guaranteed $187,631.
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 5 employees. The SBA loan documents indicated that the loan would help retain 5 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
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 $250,175 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.
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SBA Participating Banks in Arkansas