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April 16, 2024 |
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| Home > Small Business Lenders by State > Arkansas Business Loan Sources > North Little Rock, Business Loans > Twin City Bank North Little Rock Business Loans > Personal Services Loan | ||||
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Maumelle, Arkansas Bank for SBA Loans
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Personal Services Small Business LoansLooking for small business loans for personal services? An SBA loan may be just what you've been looking for. This $60,000 personal services loan was issued by an Arkansas bank. This small firm received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Twin City Bank, out of North Little Rock, Arkansas. The loan was granted and they received $60,000 to help grow their Maumelle, Arkansas business. SBA Loan Borrower COMPANY TYPE: PERSONAL SERVICES SBA Loan Lender TWIN CITY BANK This 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 812990 - Personal Services Loan Approval Date 7/19/2006 Loan Approval Gross Amount $60,000 Loan Approval from the SBA Of the total $60,000 loan amount, the SBA guaranteed $30,000. 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 2 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 2 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide money to small business owners for working capital for other expenses. If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Twin City Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Banks in North Little Rock, Arkansas
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