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April 29, 2024 |
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| Home > Small Business Lenders by State > Arkansas Business Loan Sources > Atlanta, Business Loans > Regions Bank Atlanta Business Loans > Public Golf Courses Loan | ||||
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SBA Loan from Regions Bank
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Business Loan from Regions Bank Given to Public Golf Courses CompanyRegions Bank and the SBA work together to get business loans for growing small businesses. Here's an example of how an Arkansas entrepreneur was able to get a loan to take a small business to the next level. Getting a small business loan in Paragould, Arkansas was an essential business goal for this firm back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Regions Bank, operating out of Atlanta, Georgia. Here are the details on this Arkansas small business loan. SBA Loan Borrower COMPANY TYPE: PUBLIC GOLF COURSES SBA Loan Lender REGIONS BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7992 - Public Golf Courses NAICS Code 713910 - Golf Courses and Country Clubs Loan Approval Date 3/27/2000 Loan Approval Gross Amount $160,000 Loan Approval from the SBA Of the total $160,000 loan amount, the SBA guaranteed $120,000. 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 2 employees. The SBA loan documents did not indicate that the small business promised to use the loan proceeds to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Best Banks for Small Business in Atlanta, Georgia
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