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November 15, 2024 |
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| Home > Small Business Lenders by State > Arkansas Business Loan Sources > Lepanto, Business Loans > Little River Bank Lepanto Business Loans > Rooming And Boarding Houses Loan | ||||
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How to Get an SBA Loan in Salesville, Arkansas
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Salesville, Arkansas Entrepreneur Gets a Bank LoanWould an Arkansas bank loan help help your firm avoid a serious cash crunch? If so, you may want to talk with this Arkansas bank, which offers SBA loans to Arkansas entrepreneurs. You can learn something about getting a small business loan in Salesville, Arkansas by studying this loan to a local company, made back in 2003. Banks like Little River Bank may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: ROOMING AND BOARDING HOUSES SBA Loan Lender LITTLE RIVER BANK This debt financing 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 721310 - Rooming and Boarding Houses Loan Approval Date 6/23/2003 Loan Approval Gross Amount $75,000 Loan Approval from the SBA Of the total $75,000 loan amount, the SBA guaranteed $63,750. 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 only one employee. This SBA loan request did not indicate that the SBA funding recipient promised to use the funding to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for 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. Related Links: Good Banks for Small Business in Lepanto, Arkansas Find an SBA Lender in Arkansas
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