First Financial Bank SBA Loan to Broilers And Meat Type Company

First Financial Bank has a track record as a leading provider of SBA loans. Find out how this Oklahoma entrepreneur received an SBA loan from them.

This business knew how to go about getting a business bank loan. Based in Twin Oak, Oklahoma, they applied for and received an SBA-guaranteed loan in 2004. The lending bank was First Financial Bank, based in Fayetteville, Arkansas.

SBA Loan Borrower

COMPANY TYPE: BROILERS AND MEAT TYPE
TWIN OAK, OK 74368

SBA Loan Lender

FIRST FINANCIAL BANK
2646 E JOYCE BLVD, STE 2
FAYETTEVILLE, AR 72703

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA small business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

112320 - Broilers and Meat Type

Loan Approval Date

6/8/2004

Loan Approval Gross Amount

$1,931,000

Loan Approval from the SBA

Of the total $1,931,000 loan amount, the SBA guaranteed $1,448,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 company promised to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like First Financial Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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 Credit Cards

Find an SBA Lender in Fayetteville, Arkansas

Getting a Business Loan in Arkansas