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March 28, 2024  
 
 
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Loan Census SBA Loan Info

Financing for Building Material Dealers

Looking for loans for building material dealers? An SBA loan may be just what you've been looking for. This $50,000 building material dealers loan was issued by an Arkansas bank.

This company knew how to go about getting a business bank loan. Based in Eureka Springs, Arkansas, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Bank Of Eureka Springs, based in Eureka Springs, Arkansas.

SBA Loan Borrower

COMPANY TYPE: BUILDING MATERIAL DEALERS
EUREKA SPRINGS, AR 72632

SBA Loan Lender

BANK OF EUREKA SPRINGS
152 E VAN BUREN
EUREKA SPRINGS, AR 72632

This lender issued this particular SBA bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

444190 - Building Material Dealers

Loan Approval Date

9/13/2001

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $42,500.

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 5 employees. This SBA loan request did not indicate that the company planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a business in Eureka Springs AR, you ought to talk with a local Eureka Springs SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Eureka Springs businesses.

We can help you find the best banks for small businesses in Eureka Springs or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

The Friends and Family Network

Best Banks in Eureka Springs, Arkansas

Arkansas SBA 7A Banks