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April 25, 2024  
 
 
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Arkansas Small Business Funding

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Jewelry Stores

With these small business loans for jewelry stores, the SBA guarantees the lender that the loan will be repaid. This jewelry stores loan for $337,500 was given to an Arkansas entrepreneur in 2005.

This company knew how to go about getting a business bank loan. Based in Bentonville, Arkansas, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Arvest Bank, based in Bentonville, Arkansas.

SBA Loan Borrower

COMPANY TYPE: JEWELRY STORES
BENTONVILLE, AR 72712

SBA Loan Lender

ARVEST BANK
201 NE 'A'' ST
BENTONVILLE, AR 72712

This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

448310 - Jewelry Stores

Loan Approval Date

5/9/2005

Loan Approval Gross Amount

$337,500

Loan Approval from the SBA

Of the total $337,500 loan amount, the SBA guaranteed $253,125.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 7 employees. The SBA loan documents did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? 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:

Role of Business Plan When Raising Money

SBA 7A Banks in Bentonville, Arkansas

Arkansas SBA 7A Banks