Raising Money for Sports and Recreation Instruction

Looking for bank loans for sports and recreation instruction? The SBA may be the answer. This $31,200 sports and recreation instruction loan was issued by an Arkansas bank.

Getting a small business loan in Jonesboro, Arkansas was important for this company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Heritage Bank, operating out of Jonesboro, Arkansas. Here are the details on this Arkansas small business loan.

SBA Loan Borrower

COMPANY TYPE: SPORTS AND RECREATION INSTRUCTION
JONESBORO, AR 72401

SBA Loan Lender

HERITAGE BANK
2009 BROWNS LN
JONESBORO, AR 72401

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

611620 - Sports and Recreation Instruction

Loan Approval Date

11/29/2001

Loan Approval Gross Amount

$31,200

Loan Approval from the SBA

Of the total $31,200 loan amount, the SBA guaranteed $26,520.

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 3 employees. The SBA loan documents did not indicate that the small business planned to use the funding to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

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

We can help you find the best banks for small businesses in Jonesboro 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.

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SBA Banks in Jonesboro, Arkansas

Getting an SBA Loan in Arkansas