Tulsa, Oklahoma Bank Gives SBA Loan to Backwoods & Biker Leather Co.
A Tulsa, Oklahoma business loan can be yours. Learn how Backwoods & Biker Leather Co. got a $18,300 business loan from this Oklahoma bank.
This loan to Backwoods & Biker Leather Co. is a good example of an SBA loan. Arvest Bank made the loan and the SBA guaranteed a portion of the loan. Many other Oklahoma entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.
SBA Loan Borrower
Backwoods & Biker Leather Co.
3424 Highway 412
Colcord, OK 74338
SBA Loan Lender
ARVEST BANK
3409 S PEORIA AVE, STE 1
TULSA, OK 74105
This lender processed this bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
448190 - Other Clothing Stores
Loan Approval Date
8/8/2005
Loan Approval Gross Amount
$18,300
Loan Approval from the SBA
Of the total $18,300 loan amount, the SBA guaranteed $9,150.
More Information on This SBA Loan
The borrower, Backwoods & Biker Leather Co., borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. The loan application indicated that the loan would help generate 1 new job and retain 2 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
This SBA loan was for $18,300. How would you spend $18,300 on your business? If you apply for an SBA loan, you, like the entrepreneurs at Backwoods & Biker Leather Co., 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 SBA loan database.
Related Links:
Attracting Investors
Small Bank Loans in Tulsa, Oklahoma
SBA Lenders in Oklahoma
If you are an ambitious entrepreneur or an aspiring executive
looking to get involved with a startup, please take the time to
learn more about Gaebler Ventures.