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April 28, 2024 |
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| Home > Small Business Lenders by State > Arkansas Business Loan Sources > Little Rock, Business Loans > Arkansas Capital Corporation Little Rock Business Loans > Servicemaster-Paragould Loan | ||||
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Arkansas Small Business Funding for Franchises
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Camden, AR Entrepreneur Gets SBA Loan to Buy Servicemaster FranchiseBorrowing money to purchase a Servicemaster franchise? Arkansas Capital Corporation has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Camden, Arkansas needed money to invest in a Servicemaster franchise back in 2007. Arkansas Capital Corporation issued an SBA franchise loan. Here are the details on this Arkansas small business loan. SBA Loan Borrower SERVICEMASTER-PARAGOULD SBA Loan Lender ARKANSAS CAPITAL CORPORATION This lender provides SBA guaranteed bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 812990 - Personal Services Loan Approval Date 6/1/2007 Loan Approval Gross Amount $490,900 Loan Approval from the SBA Of the total $490,900 loan amount, the SBA guaranteed $368,175. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Servicemaster franchise. At the time of the loan, the company had 8 employees. This SBA loan request indicated that the borrowed money would help generate 2 new jobs. Start the Process for Getting an SBA Loan Today! SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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 Little Rock, Arkansas Where to Get an SBA Loan Arkansas
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