Loan Census Banking News and Information
March 29, 2024  
 
 
  Business Loan Information  
 

How to Get SBA Loans in Eureka Springs, Arkansas

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Daylight Donut Shop Franchise

Borrowing money to invest in a Daylight Donut Shop franchise? Arvest Bank has a history of making these loans and they are guaranteed by the SBA.

Daylight Donut Shop franchise loans are available to Eureka Springs, Arkansas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Arvest Bank, based in Eureka Springs, Arkansas, issued an SBA franchise loan for a Daylight Donut Shop franchise in 2001. We've got all the details on this Arkansas small business loan.

SBA Loan Borrower

DAYLIGHT DONUT AND BAKERY
EUREKA SPRINGS, AR 73632

SBA Loan Lender

ARVEST BANK
151 E VAN BUREN
EUREKA SPRINGS, AR 72632

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445291 - Baked Goods Stores

Loan Approval Date

1/31/2001

Loan Approval Gross Amount

$69,500

Loan Approval from the SBA

Of the total $69,500 loan amount, the SBA guaranteed $59,075.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Daylight Donut Shop franchise. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the small business promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

We can help you find the best banks for small businesses in Eureka Springs 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:

Family and Friend Investors - Your First Financiers

Good Banks for Small Business in Eureka Springs, Arkansas

Arkansas SBA 7A Banks