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April 24, 2024 |
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| Home > Small Business Lenders by State > Arkansas Business Loan Sources > Little Rock, Business Loans > Bank Of The Ozarks Little Rock Business Loans > Single-Family Housing Construction Loan | ||||
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Bank Of The Ozarks Little Rock
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Business Loan from Bank Of The Ozarks Given to Single-Family Housing Construction CompanyAn SBA loan from Bank Of The Ozarks typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Little Rock, Arkansas business owner got a $43,500 loan. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Little Rock, Arkansas was able to borrow $43,500 from Bank Of The Ozarks. The SBA made the loan possible by guaranteeing $34,800 of this Arkansas small business loan. SBA Loan Borrower COMPANY TYPE: SINGLE-FAMILY HOUSING CONSTRUCTION SBA Loan Lender BANK OF THE OZARKS SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA bank loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 1521 - Single-Family Housing Construction NAICS Code 233210 - Single Family Housing Construction Loan Approval Date 1/31/2000 Loan Approval Gross Amount $43,500 Loan Approval from the SBA Of the total $43,500 loan amount, the SBA guaranteed $34,800. 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 loan application did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: SBA Banks in Little Rock, Arkansas Find an SBA Lender in Arkansas
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