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May 22, 2024  
 
 
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U.S. Bank National Association Business Loans Maumelle

 

 
Loan Census SBA Loan Info

Business Loan from U.S. Bank National Association Given to Eating Places Company

U.S. Bank National Association has a track record as a leading provider of SBA loans. Find out how this Arkansas entrepreneur received an SBA loan from them.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Maumelle, Arkansas was able to borrow $335,000 from U.S. Bank National Association. The SBA made the loan possible by guaranteeing $251,250 of this Arkansas small business loan.

SBA Loan Borrower

COMPANY TYPE: EATING PLACES
MAUMELLE, AR 72113

SBA Loan Lender

U.S. BANK NATIONAL ASSOCIATION
ONE RIVERFRONT PL
NORTH LITTLE ROCK, AR 72114

This SBA bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

5/8/2000

Loan Approval Gross Amount

$335,000

Loan Approval from the SBA

Of the total $335,000 loan amount, the SBA guaranteed $251,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 14 employees. This SBA loan request did not indicate that the business planned to use the money to increase staffing levels 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.

We can help you find the best banks for small businesses in Maumelle 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.

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