Entrepreneur Works With Tulsa, Oklahoma Bank to Get an SBA Loan
Thinking about meeting with a Tulsa, Oklahoma bank about an SBA loan? Here's one Oklahoma 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 firm in Wyandotte, Oklahoma. The business was able to get an SBA loan for $11,200. Nice!
SBA Loan Borrower
COMPANY TYPE: CHILD DAY CARE SERVICES
Wyandotte, OK 74370
SBA Loan Lender
ARVEST BANK
3409 S PEORIA AVE, STE 1
TULSA, OK 74105
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
624410 - Child Day Care Services
Loan Approval Date
5/29/2007
Loan Approval Gross Amount
$11,200
Loan Approval from the SBA
Of the total $11,200 loan amount, the SBA guaranteed $5,600.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 7 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 7 existing jobs.
Getting an SBA Loan For Your Business
If you are wondering how to raise money for a business in Wyandotte OK, you ought to talk with a local Wyandotte SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Wyandotte businesses.
We've showcased information on this loan to let you know that businesses like yours 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.
Related Links:
Determining Proper Capital Structure for a Business
Small Bank Loans in Tulsa, Oklahoma
Find an SBA Lender in Oklahoma