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December 19, 2024 |
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| Home > Small Business Lenders by State > Arkansas Business Loan Sources > Springdale, Business Loans > Anb Finan Springdale Business Loans > Gasoline Stations With Convenience Stores Loan | ||||
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Rogers, Arkansas Bank for SBA Loans
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Rogers, Arkansas Entrepreneur Gets a Small Business LoanWould an Arkansas business loan help your company expand? If so, you may want to talk with this Arkansas bank, which offers SBA loans to Arkansas entrepreneurs. This company, based in Rogers, Arkansas, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Anb Finan. We've got the inside scoop on this Arkansas small business loan. SBA Loan Borrower COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES SBA Loan Lender ANB FINAN SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA bank loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 447110 - Gasoline Stations with Convenience Stores Loan Approval Date 3/15/2004 Loan Approval Gross Amount $567,000 Loan Approval from the SBA Of the total $567,000 loan amount, the SBA guaranteed $425,250. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the funding to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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:
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