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April 24, 2024 |
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| Home > Small Business Lenders by State > Arkansas Business Loan Sources > Russellville, Business Loans > Simmons 1st Bank - Russellville Russellville Business Loans > Sign Manufacturing Loan | ||||
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How to Get SBA Loans in Pottsville, Arkansas
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Sign Manufacturing Small Business LoansWith these small business loans for sign manufacturing, the SBA guarantees the lender that the loan will be repaid. This sign manufacturing loan for $307,000 was given to an Arkansas entrepreneur in 2006. Getting a small business loan in Pottsville, Arkansas was important for this growing firm back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Simmons 1st Bank - Russellville, operating out of Russellville, Arkansas. Here are the details on this Arkansas small business loan. SBA Loan Borrower COMPANY TYPE: SIGN MANUFACTURING SBA Loan Lender SIMMONS 1ST BANK - RUSSELLVILLE This lender processed this SBA small business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 339950 - Sign Manufacturing Loan Approval Date 10/20/2006 Loan Approval Gross Amount $307,000 Loan Approval from the SBA Of the total $307,000 loan amount, the SBA guaranteed $153,500. 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 only one employee. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 1 existing job. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $307,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Small Business Banks in Russellville, Arkansas
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