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

Little Rock, Arkansas Bank for SBA Loans

 

 
Loan Census SBA Loan Info

How to Get a Loan for Computer Facilities Management Services

With these SBA loans for computer facilities management services, the SBA guarantees the lender that the loan will be repaid. This computer facilities management services loan for $50,000 was given to an Arkansas entrepreneur in 2006.

This business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Metropolitan National Bank, out of Little Rock, Arkansas. The loan was granted and they received $50,000 to help grow their Little Rock, Arkansas business.

SBA Loan Borrower

COMPANY TYPE: COMPUTER FACILITIES MANAGEMENT SERVICES
LITTLE ROCK, AR 72211

SBA Loan Lender

METROPOLITAN NATIONAL BANK
425 W CAPITOL AVE
LITTLE ROCK, AR 72201

This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

541513 - Computer Facilities Management Services

Loan Approval Date

6/14/2006

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 8 employees. The SBA loan documents indicated that the loan would help retain 8 existing jobs.

Getting an SBA Loan For Your Business

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Metropolitan National Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Metropolitan National Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Small Business Loan

Small Business Banks in Little Rock, Arkansas

SBA Arkansas Lenders