Entrepreneur Works With Fayetteville, Arkansas Bank to Get an SBA Loan
Get SBA loans from a Fayetteville, Arkansas bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.
First Financial Bank is a Fayetteville, Arkansas small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to an Arkansas company.
SBA Loan Borrower
COMPANY TYPE: BROILERS AND MEAT TYPE
LINCOLN, AR 72744
SBA Loan Lender
FIRST FINANCIAL BANK
2646 E JOYCE BLVD, STE 2
FAYETTEVILLE, AR 72703
The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide 7A business loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
112320 - Broilers and Meat Type
Loan Approval Date
12/8/2003
Loan Approval Gross Amount
$1,238,000
Loan Approval from the SBA
Of the total $1,238,000 loan amount, the SBA guaranteed $928,500.
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 2 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the loan proceeds to increase staffing levels or retain any existing employees.
Next Steps for Getting an SBA Loan
Every year, the SBA guarantees over $10 billion for loans just like this one.
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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