Ash Flat, Arkansas Lender Lends Money to Furniture Stores Company

Get SBA loans from an Ash Flat, Arkansas bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

First National Banking Company is a Ash Flat, Arkansas small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to an Arkansas company.

SBA Loan Borrower

COMPANY TYPE: FURNITURE STORES
SALEM, AR 72576

SBA Loan Lender

FIRST NATIONAL BANKING COMPANY
636 ASH FLAT DR
ASH FLAT, AR 72513

This lender processed this business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

442110 - Furniture Stores

Loan Approval Date

3/17/2005

Loan Approval Gross Amount

$300,600

Loan Approval from the SBA

Of the total $300,600 loan amount, the SBA guaranteed $150,300.

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 24 employees. The loan application indicated that the loan would help retain 24 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding.

We can help you find the best banks for small businesses in Salem or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

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SBA Banks in Ash Flat, Arkansas

Getting an SBA Loan in Arkansas