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April 25, 2024 |
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| Home > Small Business Lenders by State > Arkansas Business Loan Sources > Fort Smith, Business Loans > Arvest Bank Fort Smith Business Loans > Used Household And Office Goods Moving Loan | ||||
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How to Get SBA Loans in Fort Smith, Arkansas
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Used Household and Office Goods Moving LoansLooking for loans for used household and office goods moving? Try the SBA. This $100,000 used household and office goods moving loan was issued by an Arkansas bank. Getting a small business loan in Fort Smith, Arkansas was important for this company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Arvest Bank, operating out of Fort Smith, Arkansas. Here are the details on this Arkansas small business loan. SBA Loan Borrower COMPANY TYPE: USED HOUSEHOLD AND OFFICE GOODS MOVING SBA Loan Lender ARVEST BANK The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA business loans to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 484210 - Used Household and Office Goods Moving Loan Approval Date 2/28/2005 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $75,000. 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 25 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $100,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: SBA Approved Banks in Fort Smith, Arkansas
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