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April 23, 2024  
 
 
  Business Loan Information  
 

SBA Lender Bentonville, Arkansas

 

 
Loan Census SBA Loan Info

Bentonville, Arkansas Bank Gives SBA Loan to Offices And Clinics Of Chiropractors Company

Thinking about meeting with a Bentonville, Arkansas bank about an SBA loan? Here's one Arkansas business loan, issued by a Bentonville bank, that was approved by the SBA.

Applying for an SBA loan with Anb Finan worked out well for our friends at one local firm in Pea Ridge, Arkansas. They got an SBA loan for $73,300. Nice!

SBA Loan Borrower

COMPANY TYPE: OFFICES AND CLINICS OF CHIROPRACTORS
PEA RIDGE, AR 72751

SBA Loan Lender

ANB FINAN
706 S WALTON BLVD
BENTONVILLE, AR 72712

This was a Low Documentation SBA loan. The SBA launched this program to reduce the paperwork associated with appliying for an SBA loan . The low-doc program involves completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8041 - Offices and Clinics of Chiropractors

NAICS Code

621310 - Chiropractors

Loan Approval Date

9/7/2000

Loan Approval Gross Amount

$73,300

Loan Approval from the SBA

Of the total $73,300 loan amount, the SBA guaranteed $58,640.

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 documents did not indicate that the business promised to use the funding to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

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