Broken Arrow, Oklahoma Lender Lends Money to Limousine Service Company
Want to talk 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 firm in Tulsa, Oklahoma. The business was able to get an SBA loan for $210,000. Awesome!
SBA Loan Borrower
COMPANY TYPE: LIMOUSINE SERVICE
TULSA, OK 74136
SBA Loan Lender
ARKANSAS VALLEY STATE BANK
302 S MAIN
BROKEN ARROW, OK 74012
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
485320 - Limousine Service
Loan Approval Date
7/19/2007
Loan Approval Gross Amount
$210,000
Loan Approval from the SBA
Of the total $210,000 loan amount, the SBA guaranteed $157,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 2 existing jobs.
Getting an SBA Loan For Your Business
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.
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.
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