Amusement and Recreation Industries Business Loans
Looking for business loans for amusement and recreation industries? An SBA loan may be just what you've been looking for. This $166,300 amusement and recreation industries loan was issued by an Oklahoma bank.
Getting a small business loan in Fayetteville, Arkansas was important for Baxter Investment Properties, LLC back in 2006 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
Baxter Investment Properties, LLC
240 E. Township
Fayetteville, AR 72703
SBA Loan Lender
ARVEST BANK
3409 S PEORIA AVE, STE 1
TULSA, OK 74105
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
713990 - All Other Amusement and Recreation Industries
Loan Approval Date
9/13/2006
Loan Approval Gross Amount
$166,300
Loan Approval from the SBA
Of the total $166,300 loan amount, the SBA guaranteed $124,725.
More Information on This SBA Loan
The borrower, Baxter Investment Properties, LLC, borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had only one employee. This SBA loan request indicated that the loan would help create 15 new jobs. This loan was paid in full, and was closed out on 5/30/2007.
Getting an SBA Loan For Your Business
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Arvest Bank and they will explain how you can get an SBA loan for your company.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Debt Financing
Best Banks for Small Business in Tulsa, Oklahoma
Where to Get an SBA Loan Oklahoma
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