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April 25, 2024 |
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| Home > Small Business Lenders by State > Arkansas Business Loan Sources > Little Rock, Business Loans > Arkansas Capital Corporation Little Rock Business Loans > Funeral Homes And Funeral Services Loan | ||||
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Arkansas Capital Corporation Business Loans
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How to Get a Loan for Funeral Homes and Funeral ServicesLooking for business loans for funeral homes and funeral services? Try the SBA. This $240,000 funeral homes and funeral services loan was issued by an Arkansas bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Rogers, Arkansas was able to borrow $240,000 from Arkansas Capital Corporation. The SBA made the loan possible by guaranteeing $180,000 of this Arkansas small business loan. SBA Loan Borrower COMPANY TYPE: FUNERAL HOMES AND FUNERAL SERVICES SBA Loan Lender ARKANSAS CAPITAL CORPORATION This SBA 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. NAICS Code 812210 - Funeral Homes and Funeral Services Loan Approval Date 7/8/2004 Loan Approval Gross Amount $240,000 Loan Approval from the SBA Of the total $240,000 loan amount, the SBA guaranteed $180,000. 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 3 employees. This SBA loan request did not indicate that the company promised to use the funding to add employees or retain any existing employees. Getting an SBA Loan For Your Business If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great way to raise money This SBA loan was for $240,000. How would you spend $240,000 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: Determining Proper Capital Structure for a Business SBA 7A Banks in Little Rock, Arkansas
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