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April 20, 2024 |
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| Home > Small Business Lenders by State > Arkansas Business Loan Sources > Jonesboro, Business Loans > Simmons 1st Bank - Jonesboro Jonesboro Business Loans > Cosmetics, Beauty Supplies, And Perfume Stores Loan | ||||
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Simmons 1st Bank - Jonesboro
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SBA Loan from Simmons 1st Bank - Jonesboro Helps Cosmetics, Beauty Supplies, And Perfume Stores CompanySimmons 1st Bank - Jonesboro and the SBA work together to get business loans for growing small businesses. Here's an example of how an Arkansas entrepreneur was able to get a loan to take a small business to the next level. Getting a small business loan in Jonesboro, Arkansas was an essential business goal for this small business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Simmons 1st Bank - Jonesboro, operating out of Jonesboro, Arkansas. Here are the details on this Arkansas small business loan. SBA Loan Borrower COMPANY TYPE: COSMETICS, BEAUTY SUPPLIES, AND PERFUME STORES SBA Loan Lender SIMMONS 1ST BANK - JONESBORO SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 446120 - Cosmetics, Beauty Supplies, and Perfume Stores Loan Approval Date 8/8/2005 Loan Approval Gross Amount $13,700 Loan Approval from the SBA Of the total $13,700 loan amount, the SBA guaranteed $11,645. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. 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? SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $13,700 loan. Remember, things become real when you believe you can achieve them! 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: Realistic Debt Financing Options Small Bank Loans in Jonesboro, Arkansas Getting an SBA Loan in Arkansas
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