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April 19, 2024 |
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| Home > Small Business Lenders by State > Arkansas Business Loan Sources > Benton, Business Loans > The Union Bank Of Benton Benton Business Loans > Building Equipment And Machinery Installation Contractors Loan | ||||
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How to Get SBA Loans in Benton, Arkansas
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Building Equipment and Machinery Installation Contractors LoansWith these loans for building equipment and machinery installation contractors, the SBA guarantees the lender that the loan will be repaid. This building equipment and machinery installation contractors loan for $266,666 was given to an Arkansas entrepreneur in 2002. This small firm knew how to go about getting a business bank loan. Based in Benton, Arkansas, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was The Union Bank Of Benton, based in Benton, Arkansas. SBA Loan Borrower COMPANY TYPE: BUILDING EQUIPMENT AND MACHINERY INSTALLATION CONTRACTORS SBA Loan Lender THE UNION BANK OF BENTON SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 235950 - Building Equipment and Machinery Installation Contractors Loan Approval Date 1/23/2002 Loan Approval Gross Amount $266,666 Loan Approval from the SBA Of the total $266,666 loan amount, the SBA guaranteed $199,999. 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. This SBA loan request did not indicate that the small business promised to use the funding to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business If you are wondering how to find money to start a business or already have a business and need money to expand, an SBA loan can be a great way to raise money This SBA loan was for $266,666. How would you spend $266,666 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: Raising VC Money for Social Networking Companies Who Lends Money to Small Businesses in Benton, Arkansas
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