Loan Census Banking News and Information
April 24, 2024  
 
 
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Anb Finan

 

 
Loan Census SBA Loan Info

Business Loan from Anb Finan Given to Landscaping Services Company

An SBA loan from Anb Finan typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Bentonville, Arkansas business owner got a $50,000 loan.

This business knew how to go about getting a business bank loan. Based in Bentonville, Arkansas, they applied for and received an SBA-guaranteed loan in 2003. The lending bank was Anb Finan, based in Rogers, Arkansas.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPING SERVICES
BENTONVILLE, AR 72712

SBA Loan Lender

ANB FINAN
3605 SOUTHERN HILLS BLVD
ROGERS, AR 72758

This lender issued this commercial loan under the SBA 7A lending program , 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

561730 - Landscaping Services

Loan Approval Date

11/21/2003

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $42,500.

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 6 employees. The SBA loan documents did not indicate that the small business promised to use the loan proceeds to add employees or retain any existing employees.

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

If you want money for new small business in Bentonville AR, you ought to talk with a local Bentonville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Bentonville businesses.

We can help you find the best banks for small businesses in Bentonville or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

504 Loans

SBA 7A Lenders in Rogers, Arkansas

Where to Get an SBA Loan Arkansas