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March 28, 2024  
 
 
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Arkansas Bank SBA Loans

 

 
Loan Census SBA Loan Info

Simmons First National Bank SBA Loan to Offices And Clinics Of Doctors Of Medicine Company

Want an Arkansas SBA loan? Here's one Arkansas business loan that was approved by the SBA.

This up and coming company knew how to go about getting a business bank loan. Based in Pine Bluff, Arkansas, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Simmons First National Bank, based in Pine Bluff, Arkansas.

SBA Loan Borrower

COMPANY TYPE: OFFICES AND CLINICS OF DOCTORS OF MEDICINE
PINE BLUFF, AR 71603

SBA Loan Lender

SIMMONS FIRST NATIONAL BANK
501 MAIN ST
PINE BLUFF, AR 71601

This small business 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

8011 - Offices and Clinics of Doctors of Medicine

Loan Approval Date

8/14/2000

Loan Approval Gross Amount

$128,500

Loan Approval from the SBA

Of the total $128,500 loan amount, the SBA guaranteed $96,375.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 4 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

This SBA loan was for $128,500. How would you spend $128,500 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Alternative Financing

Where to Get an SBA Loan in Pine Bluff, Arkansas

SBA Arkansas Lenders