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Arvest Bank SBA 7A Loans

 

 
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Small Business Loans for Services to Buildings and Dwellings

Looking for small business loans for services to buildings and dwellings? An SBA loan may be just what you've been looking for. This $43,500 services to buildings and dwellings loan was issued by an Oklahoma bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Miami, Oklahoma was able to borrow $43,500 from Arvest Bank. The SBA made the loan possible by guaranteeing $21,750 of this Oklahoma small business loan.

SBA Loan Borrower

Allen Sign Studio, LLC
307 E. Central Ave.
Miami, OK 74354

SBA Loan Lender

ARVEST BANK
3409 S PEORIA AVE, STE 1
TULSA, OK 74105

The lender provided this SBA small business 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

561790 - Other Services to Buildings and Dwellings

Loan Approval Date

4/20/2007

Loan Approval Gross Amount

$43,500

Loan Approval from the SBA

Of the total $43,500 loan amount, the SBA guaranteed $21,750.

More Information on This SBA Loan

The borrower, Allen Sign Studio, LLC, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 9 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 9 existing jobs.

Next Steps for Getting an SBA Loan

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

This SBA loan was for $43,500. How would you spend $43,500 on your business? If you apply for an SBA loan, you, like the entrepreneurs at Allen Sign Studio, LLC, 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:

Advice on Getting a Small Business Loan

SBA 7A Banks in Tulsa, Oklahoma

SBA Lenders in Oklahoma

 

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