Bentonville, Arkansas Lender Lends Money to Plastics Material And Resin Manufacturing Company

Get to know Bentonville, Arkansas banks that specialize in business loans and know how to work with entrepreneurs. Anb Finan is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Rogers, Arkansas starts with an understanding of who else has gotten loans in the area. In this case, a local company received funding from Anb Finan. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: PLASTICS MATERIAL AND RESIN MANUFACTURING
ROGERS, AR 72758

SBA Loan Lender

ANB FINAN
706 S WALTON BLVD
BENTONVILLE, AR 72712

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

325211 - Plastics Material and Resin Manufacturing

Loan Approval Date

7/12/2007

Loan Approval Gross Amount

$1,250,000

Loan Approval from the SBA

Of the total $1,250,000 loan amount, the SBA guaranteed $937,500.

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 64 employees. This SBA loan request indicated that the loan would help generate 10 new jobs and retain 54 existing jobs.

Getting an SBA Loan For Your Business

If you are working on finding money to start a business in Rogers AR, you ought to talk with a local Rogers SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Rogers businesses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $1,250,000 loan. Remember, anyone can do it... so why not you?

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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