Tulsa, Oklahoma Lender Lends Money to Physical, Occupational And Speech Therapists, And Audiologists Company
Thinking about meeting with a Tulsa, Oklahoma bank about an SBA loan? Here's one Arkansas business loan, issued by a Tulsa bank, that was approved by the SBA.
Applying for an SBA loan with Arvest Bank worked out well for our friends at one local company in Hot Springs Village, Arkansas. The business was able to get an SBA loan for $63,000. Sweet!
SBA Loan Borrower
COMPANY TYPE: PHYSICAL, OCCUPATIONAL AND SPEECH THERAPISTS, AND AUDIOLOGISTS
Hot Springs Village, AR 71909
SBA Loan Lender
ARVEST BANK
3409 S PEORIA AVE, STE 1
TULSA, OK 74105
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621340 - Physical, Occupational and Speech Therapists, and Audiologists
Loan Approval Date
4/13/2007
Loan Approval Gross Amount
$63,000
Loan Approval from the SBA
Of the total $63,000 loan amount, the SBA guaranteed $53,550.
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 only one employee. The loan application indicated that the borrowed money would help create 1 new job.
Next Steps for Getting an SBA Loan
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
This SBA loan was for $63,000. How would you spend $63,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Getting a Small Business Loan
Best Banks in Tulsa, Oklahoma
Oklahoma SBA 7A Lenders