Loan Census Banking News and Information
December 19, 2024  
 
 
  Business Loan Information  
 

SBA Lenders for Sherwood, Arkansas Entrepreneurs

 

 
Loan Census SBA Loan Info

Where to Get Capital for Postal Service

With these small business loans for postal service, the SBA guarantees the lender that the loan will be repaid. This postal service loan for $65,000 was given to an Arkansas entrepreneur in 2001.

Getting a small business loan in Sherwood, Arkansas was important for this company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Eagle Bank And Trust Company, operating out of Little Rock, Arkansas. Here are the details on this Arkansas small business loan.

SBA Loan Borrower

COMPANY TYPE: POSTAL SERVICE
SHERWOOD, AR 72120

SBA Loan Lender

EAGLE BANK AND TRUST COMPANY
650 S SHACKLEFORD, STE 150
LITTLE ROCK, AR 72211

This lender issued this particular SBA bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

491110 - Postal Service

Loan Approval Date

8/6/2001

Loan Approval Gross Amount

$65,000

Loan Approval from the SBA

Of the total $65,000 loan amount, the SBA guaranteed $55,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. This SBA loan request did not indicate that the company planned to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a company in Sherwood AR, you ought to talk with a local Sherwood SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Sherwood businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Eagle Bank And Trust Company are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:

Small Business Credit Cards

SBA 7A Lenders in Little Rock, Arkansas

Browse All Business Loan Sources for Arkansas