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April 25, 2024 |
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| Home > Small Business Lenders by State > Arkansas Business Loan Sources > Rogers, Business Loans > First Western Bank Rogers Business Loans > Dentists Loan | ||||
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How Hard Is It to Get a Small Business Loan in Rogers, Arkansas?
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Bank Loans for DentistsLooking for bank loans for dentists? Try the SBA. This $250,000 dentists loan was issued by an Arkansas bank. This small firm received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with First Western Bank, out of Rogers, Arkansas. The loan was granted and they received $250,000 to help grow their Rogers, Arkansas business. SBA Loan Borrower COMPANY TYPE: DENTISTS SBA Loan Lender FIRST WESTERN BANK This lender issued this SBA loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621210 - Dentists Loan Approval Date 10/11/2005 Loan Approval Gross Amount $250,000 Loan Approval from the SBA Of the total $250,000 loan amount, the SBA guaranteed $187,500. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 5 employees. This SBA loan request did not indicate that the small business planned to use the money to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan If you have been wondering how do i get money to start a business in Rogers AR, you ought to talk with a local Rogers SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Rogers businesses. 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: SBA Approved Banks in Rogers, Arkansas
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