Offices of Physical, Occupational and Speech Therapists, and Audiologists Business Loans
With these business loans for offices of physical, occupational and speech therapists, and audiologists, the SBA guarantees the lender that the loan will be repaid. This offices of physical, occupational and speech therapists, and audiologists loan for $50,000 was given to an Arkansas entrepreneur in 2007.
Getting a small business loan in Farmington, Arkansas was important for Exceed Physical Therapy, Inc. back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Arvest Bank, operating out of Tulsa, Oklahoma. Here are the details on this Arkansas small business loan.
SBA Loan Borrower
Exceed Physical Therapy, Inc.
95 S. Southwinds Rd.
Farmington, AR 72730
SBA Loan Lender
ARVEST BANK
3409 S PEORIA AVE, STE 1
TULSA, OK 74105
The lender provided this loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
621340 - Offices of Physical, Occupational and Speech Therapists, and Audiologists
Loan Approval Date
5/23/2007
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
More Information on This SBA Loan
The borrower, Exceed Physical Therapy, Inc., borrowed this money for a new business. The SBA's record indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 2 employees. The SBA loan application for the borrower indicated that the funding would help generate 2 new 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.
We've showcased information on this loan to Exceed Physical Therapy, Inc. 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 SBA loan database.
Related Links:
Business Line of Credit
Best Banks in Tulsa, Oklahoma
SBA Participating Banks in Oklahoma
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