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March 28, 2024  
 
 
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SBA Lender Glenwood Arkansas

 

 
Loan Census SBA Loan Info

Poultry Hatcheries Commercial Loans

Looking for commercial loans for poultry hatcheries? An SBA loan may be just what you've been looking for. This $609,000 poultry hatcheries loan was issued by an Arkansas bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Glenwood, Arkansas was able to borrow $609,000 from First Financial Bank. The SBA made the loan possible by guaranteeing $456,750 of this Arkansas small business loan.

SBA Loan Borrower

COMPANY TYPE: POULTRY HATCHERIES
GLENWOOD, AR 71943

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 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

10/11/2007

Loan Approval Gross Amount

$609,000

Loan Approval from the SBA

Of the total $609,000 loan amount, the SBA guaranteed $456,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help retain 2 existing jobs.

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

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.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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.

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