Loan Census Banking News and Information
April 18, 2024  
 
 
  Business Loan Information  
 

Jonesboro, Arkansas Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Jonesboro, Arkansas Bank Lends Money to Tire Dealers Company in Pineville, Arkansas

Get business loans from a Jonesboro, Arkansas bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

Liberty Bank Of Arkansas is a Jonesboro, 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: TIRE DEALERS
PINEVILLE, AR 72519

SBA Loan Lender

LIBERTY BANK OF ARKANSAS
2901 E HIGHLAND DR
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 SBA loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

441320 - Tire Dealers

Loan Approval Date

6/28/2007

Loan Approval Gross Amount

$133,500

Loan Approval from the SBA

Of the total $133,500 loan amount, the SBA guaranteed $113,475.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the borrowed money would help generate 1 new job.

Next Steps for Getting an SBA Loan

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Liberty Bank Of Arkansas are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:

Microlending as a Small Business Funding Source

SBA Approved Banks in Jonesboro, Arkansas

Arkansas SBA Banks