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December 19, 2024 |
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| Home > Small Business Lenders by State > Arkansas Business Loan Sources > Siloam Springs, Business Loans > Arvest Bank Siloam Springs Business Loans > Tire Dealers Loan | ||||
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Arkansas Small Business Funding
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How to Get a Loan for Tire DealersWith these SBA loans for tire dealers, the SBA guarantees the lender that the loan will be repaid. This tire dealers loan for $518,500 was given to an Arkansas entrepreneur in 2006. Getting a small business loan in Siloam Springs, Arkansas was important for this small business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Arvest Bank, operating out of Siloam Springs, Arkansas. Here are the details on this Arkansas small business loan. SBA Loan Borrower COMPANY TYPE: TIRE DEALERS SBA Loan Lender ARVEST BANK 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 441320 - Tire Dealers Loan Approval Date 8/9/2006 Loan Approval Gross Amount $518,500 Loan Approval from the SBA Of the total $518,500 loan amount, the SBA guaranteed $388,875. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees. Getting an SBA Loan For Your Business If you need money to start a business or need money to grow a business, an SBA loan can be a great source of funding. We've showcased information on this loan to let you know that businesses like yours 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: SBA 7A Lenders in Siloam Springs, Arkansas
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