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April 19, 2024 |
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| Home > Small Business Lenders by State > Arkansas Business Loan Sources > Cave City, Business Loans > Bank Of Cave City Cave City Business Loans > Meat Markets Loan | ||||
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Hoxie, Arkansas Bank for SBA Loans
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SBA Loans for Meat MarketsLooking for SBA loans for meat markets? The SBA may be the answer. This $507,600 meat markets loan was issued by an Arkansas bank. This business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Bank Of Cave City, out of Cave City, Arkansas. The loan was granted and they received $507,600 to help grow their Hoxie, Arkansas business. SBA Loan Borrower COMPANY TYPE: MEAT MARKETS SBA Loan Lender BANK OF CAVE CITY 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 entrepreneurs who might have trouble getting a conventional bank loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 445210 - Meat Markets Loan Approval Date 5/25/2006 Loan Approval Gross Amount $507,600 Loan Approval from the SBA Of the total $507,600 loan amount, the SBA guaranteed $380,700. 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 5 employees. This SBA loan request did not indicate that the small business promised to use the funding to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? If you need money to start a business or need money for an existing business, an SBA loan can be a great funding source This SBA loan was for $507,600. How would you spend $507,600 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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 7A Lenders in Cave City, Arkansas
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