Business Loan from Arvest Bank Given to Certified Public Accountants Company
Arvest Bank has a track record as a leading provider of SBA loans. Find out how this Arkansas entrepreneur received an SBA loan from them.
This growing company received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Arvest Bank, out of Tulsa, Oklahoma. The loan was granted and they received $60,000 to help grow their Harrison, Arkansas business.
SBA Loan Borrower
COMPANY TYPE: CERTIFIED PUBLIC ACCOUNTANTS
Harrison, AR 72601
SBA Loan Lender
ARVEST BANK
3409 S PEORIA AVE, STE 1
TULSA, OK 74105
This loan for a small business was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
541211 - Certified Public Accountants
Loan Approval Date
1/17/2007
Loan Approval Gross Amount
$60,000
Loan Approval from the SBA
Of the total $60,000 loan amount, the SBA guaranteed $30,000.
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 6 employees. The SBA loan documents indicated that the loan would help generate 6 new jobs and retain 6 existing jobs.
Next Steps for Getting an SBA Loan
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
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:
Understanding Dilution
SBA Participating Banks in Tulsa, Oklahoma
Browse All Business Loan Sources for Oklahoma