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May 4, 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 > Sawmill And Woodworking Machinery Manufacturing Loan | ||||
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How Do We Get a Business Loan in Russellville, Arkansas?
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Sawmill and Woodworking Machinery Manufacturing Small Business LoansLooking for small business loans for sawmill and woodworking machinery manufacturing? The SBA may be the answer. This $626,000 sawmill and woodworking machinery manufacturing loan was issued by an Arkansas bank. Getting a small business loan in Russellville, Arkansas was important for this company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Arkansas Capital Corporation, operating out of Little Rock, Arkansas. Here are the details on this Arkansas small business loan. SBA Loan Borrower COMPANY TYPE: SAWMILL AND WOODWORKING MACHINERY MANUFACTURING SBA Loan Lender ARKANSAS CAPITAL CORPORATION This loan for a small business was provided by a lender with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan requests to the SBA get more expeditious service from the SBA on their loan applications. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 333210 - Sawmill and Woodworking Machinery Manufacturing Loan Approval Date 1/22/2001 Loan Approval Gross Amount $626,000 Loan Approval from the SBA Of the total $626,000 loan amount, the SBA guaranteed $469,500. 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 20 employees. The SBA loan documents did not indicate that the small business planned to use the funding to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business If you need money to start a small business or need money to grow a business, an SBA loan can be a great funding source 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: SBA 7A Banks in Little Rock, Arkansas
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