 |
 |
May 1, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Arkansas Business Loan Sources > Fayetteville, Business Loans > Arvest Bank Fayetteville Business Loans > Postnet Postal And Business Se Loan | ||||
 |
||||
Raising Money in Springdale, Arkansas With SBA Loans
|
||||
 |
Borrow Money to Buy a Post Net FranchiseBorrowing money to purchase a Post Net franchise? Arvest Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Springdale, Arkansas needed money to invest in a Post Net franchise back in 2004. Arvest Bank issued an SBA franchise loan. Here are the details on this Arkansas small business loan. SBA Loan Borrower POSTNET POSTAL AND BUSINESS SE SBA Loan Lender ARVEST BANK This was a Low Documentation SBA loan. The SBA launched this program to reduce the paperwork associated with appliying for an SBA loan . The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 561499 - Business Support Services Loan Approval Date 5/10/2004 Loan Approval Gross Amount $137,000 Loan Approval from the SBA Of the total $137,000 loan amount, the SBA guaranteed $116,450. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Post Net franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower did not indicate that the business promised to use the funding to add employees or retain any existing employees. Next Steps for Getting an SBA Loan Many small businesses receive loans backed by the U.S. Small Business Administration. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Arvest Bank and they will explain how you can get an SBA loan for your company. 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: PostNet Postal & Business Services Raising VC Money for Social Networking Companies SBA 7A Banks for Fayetteville, Arkansas Loans
|
|
||
|
||||
|
|
||||