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November 21, 2024 |
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| Home > Small Business Lenders by State > Arkansas Business Loan Sources > Heber Springs, Business Loans > Heber Springs State Bank Heber Springs Business Loans > Sporting And Athletic Goods Manufacturing Loan | ||||
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Arkansas Small Business Funding
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How to Get a Loan for Sporting and Athletic Goods ManufacturingLooking for business loans for sporting and athletic goods manufacturing? The SBA may be the answer. This $23,000 sporting and athletic goods manufacturing loan was issued by an Arkansas bank. This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Heber Springs State Bank, out of Heber Springs, Arkansas. The loan was granted and they received $23,000 to help grow their Shirley, Arkansas business. SBA Loan Borrower COMPANY TYPE: SPORTING AND ATHLETIC GOODS MANUFACTURING SBA Loan Lender HEBER SPRINGS STATE BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This 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 339920 - Sporting and Athletic Goods Manufacturing Loan Approval Date 7/20/2001 Loan Approval Gross Amount $23,000 Loan Approval from the SBA Of the total $23,000 loan amount, the SBA guaranteed $19,550. 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 3 employees. The SBA loan application for the borrower did not indicate that the business promised to use the money to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Heber Springs State Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Heber Springs State Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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: Determining Proper Capital Structure for a Business SBA 7A Banks for Heber Springs, Arkansas Loans
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