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November 15, 2024 |
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| Home > Small Business Lenders by State > Arkansas Business Loan Sources > Many, Business Loans > The Peoples State Bank Many Business Loans > Machine Shops Loan | ||||
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Many, Louisiana Lender Lends Money to Machine Shops CompanyGet business loans from a Many, Louisiana bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too. The Peoples State Bank is a Many, Louisiana small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to an Arkansas company. SBA Loan Borrower COMPANY TYPE: MACHINE SHOPS SBA Loan Lender THE PEOPLES STATE BANK This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 332710 - Machine Shops Loan Approval Date 10/19/2006 Loan Approval Gross Amount $300,000 Loan Approval from the SBA Of the total $300,000 loan amount, the SBA guaranteed $150,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 23 employees. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 27 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? 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: Obtaining Funding - How to Decide How Much to Raise Who Lends Money to Small Businesses in Many, Louisiana
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