Broken Arrow, Oklahoma Bank Gives SBA Loan to Veterinary Services Company

Thinking about meeting with a Broken Arrow, Oklahoma bank about an SBA loan? Here's one Oklahoma business loan, issued by a Broken Arrow bank, that was approved by the SBA.

Applying for an SBA loan with Arkansas Valley State Bank worked out well for our friends at one local company in Broken Arrow, Oklahoma. The business was able to get an SBA loan for $182,100. Awesome!

SBA Loan Borrower

COMPANY TYPE: VETERINARY SERVICES
BROKEN ARROW, OK 74012

SBA Loan Lender

ARKANSAS VALLEY STATE BANK
302 S MAIN
BROKEN ARROW, OK 74012

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

541940 - Veterinary Services

Loan Approval Date

7/17/2006

Loan Approval Gross Amount

$182,100

Loan Approval from the SBA

Of the total $182,100 loan amount, the SBA guaranteed $136,575.

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 2 employees. The SBA loan application for the borrower indicated that the borrowed money would help generate 1 new job.

Next Steps for Getting an SBA Loan

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

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:

Accountant's Role in Securing Financing

Small Bank Loans in Broken Arrow, Oklahoma

Oklahoma SBA 7A Banks