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April 16, 2024 |
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| Home > Small Business Lenders by State > Arkansas Business Loan Sources > Pine Bluff, Business Loans > Pine Bluff National Bank Pine Bluff Business Loans > Motor Vehicle Towing Loan | ||||
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Who Can Get a Business Loan in Pine Bluff, Arkansas?
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Motor Vehicle Towing Small Business LoansLooking for small business loans for motor vehicle towing? Talk to a banker who works with the SBA. This $403,100 motor vehicle towing loan was issued by an Arkansas bank. This company knew how to go about getting a business bank loan. Based in Pine Bluff, Arkansas, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Pine Bluff National Bank, based in Pine Bluff, Arkansas. SBA Loan Borrower COMPANY TYPE: MOTOR VEHICLE TOWING SBA Loan Lender PINE BLUFF NATIONAL BANK The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide bank loans to to entrepreneurs who might have trouble getting a conventional bank loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 488410 - Motor Vehicle Towing Loan Approval Date 6/7/2005 Loan Approval Gross Amount $403,100 Loan Approval from the SBA Of the total $403,100 loan amount, the SBA guaranteed $302,325. 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 12 employees. The loan application did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. We've showcased information on this loan to let you know that businesses like yours 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: Good Banks for Small Business in Pine Bluff, Arkansas
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