Bank Loans for Poultry Hatcheries

Looking for bank loans for poultry hatcheries? Try the SBA. This $994,000 poultry hatcheries loan was issued by an Arkansas bank.

This small firm received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with First Financial Bank, out of Mena, Arkansas. The loan was granted and they received $994,000 to help grow their Valliant, Oklahoma business.

SBA Loan Borrower

COMPANY TYPE: POULTRY HATCHERIES
VALLIANT, OK 74764

SBA Loan Lender

FIRST FINANCIAL BANK
524 DEQUEEN ST
MENA, AR 71953

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan for a small business was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

112340 - Poultry Hatcheries

Loan Approval Date

8/7/2003

Loan Approval Gross Amount

$994,000

Loan Approval from the SBA

Of the total $994,000 loan amount, the SBA guaranteed $745,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the business promised to use the funding to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you need money to start a business or need money for an existing business, an SBA loan can be a great source of funding.

This SBA loan was for $994,000. How would you spend $994,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Angel Investors

Where to Get an SBA Loan in Mena, Arkansas

SBA Arkansas Banks