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December 22, 2024 |
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| Home > Small Business Lenders by State > Arkansas Business Loan Sources > El Dorado, Business Loans > First Financial Bank El Dorado Business Loans > Poultry Hatcheries Loan | ||||
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SBA Lenders in Arkansas
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Poultry Hatcheries SBA LoansLooking for SBA loans for poultry hatcheries? Try the SBA. This $57,600 poultry hatcheries loan was issued by an Arkansas bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Strawberry, Arkansas was able to borrow $57,600 from First Financial Bank. The SBA made the loan possible by guaranteeing $48,960 of this Arkansas small business loan. SBA Loan Borrower COMPANY TYPE: POULTRY HATCHERIES SBA Loan Lender FIRST FINANCIAL BANK This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 112340 - Poultry Hatcheries Loan Approval Date 2/10/2004 Loan Approval Gross Amount $57,600 Loan Approval from the SBA Of the total $57,600 loan amount, the SBA guaranteed $48,960. 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. The loan application did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great way to raise money The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like First Financial Bank 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 Banks in El Dorado, Arkansas
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