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April 18, 2024  
 
 
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Arkansas SBA Lenders

 

 
Loan Census SBA Loan Info

Entrepreneur Works With Bryant, Arkansas Bank to Get an SBA Loan

Get to know Bryant, Arkansas banks that specialize in small business loans and know how to work with entrepreneurs. Heartland Community Bank is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Bryant, Arkansas starts with an understanding of who else has gotten loans in the area. In this case, a local company received funding from Heartland Community Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: NO INDUSTRY TYPE SPECIFIED
BRYANT, AR 72022

SBA Loan Lender

HEARTLAND COMMUNITY BANK
4937 HWY 5 NORTH
BRYANT, AR 72022

This lender issued this particular bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561310 -

Loan Approval Date

10/30/2002

Loan Approval Gross Amount

$78,000

Loan Approval from the SBA

Of the total $78,000 loan amount, the SBA guaranteed $66,300.

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 8 employees. This SBA loan request did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Heartland Community Bank and they will explain how you can get an SBA loan for your company.

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:

Business Line of Credit

Good Banks for Small Business in Bryant, Arkansas

SBA Lenders in Arkansas