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March 29, 2024  
 
 
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Arkansas Bank SBA Loans

 

 
Loan Census SBA Loan Info

Anb Finan SBA Loan to Specialty Food Stores Company

Anb Finan has a track record as a leading provider of SBA loans. Find out how this Arkansas entrepreneur received an SBA loan from them.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Rogers, Arkansas was able to borrow $250,100 from Anb Finan. The SBA made the loan possible by guaranteeing $187,575 of this Arkansas small business loan.

SBA Loan Borrower

COMPANY TYPE: SPECIALTY FOOD STORES
ROGERS, AR 72756

SBA Loan Lender

ANB FINAN
3942 ELM SPRINGS RD
SPRINGDALE, AR 72762

This lender issued this SBA small business loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445299 - Specialty Food Stores

Loan Approval Date

4/6/2005

Loan Approval Gross Amount

$250,100

Loan Approval from the SBA

Of the total $250,100 loan amount, the SBA guaranteed $187,575.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the company promised to use the money to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding.

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.

Related Links:

Obtaining Funding - How to Decide How Much to Raise

Best Banks in Springdale, Arkansas

Arkansas SBA 7A Lenders