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March 29, 2024  
 
 
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SBA Lender Mangolia Arkansas

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Broilers and Meat Type

Looking for small business loans for broilers and meat type? An SBA loan may be just what you've been looking for. This $775,000 broilers and meat type loan was issued by an Arkansas bank.

This small firm received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Timberland Bank, out of El Dorado, Arkansas. The loan was granted and they received $775,000 to help grow their Mangolia, Arkansas business.

SBA Loan Borrower

COMPANY TYPE: BROILERS AND MEAT TYPE
MANGOLIA, AR 71753

SBA Loan Lender

TIMBERLAND BANK
2421 N WEST AVE
EL DORADO, AR 71730

This lender issued this loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

112320 - Broilers and Meat Type

Loan Approval Date

2/28/2005

Loan Approval Gross Amount

$775,000

Loan Approval from the SBA

Of the total $775,000 loan amount, the SBA guaranteed $581,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan documents did not indicate that the company planned to use the loan proceeds to hire new employees 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.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

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Good Banks for Small Business in El Dorado, Arkansas

Arkansas SBA 7A Lenders