Tulsa, Oklahoma Lender Lends Money to Aestheticare, L.L.C.
A Tulsa, Oklahoma SBA loan can be yours. Learn how Aestheticare, L.L.C. got a $276,100 business loan from this Oklahoma bank.
This loan to Aestheticare, L.L.C. is a good example of an SBA loan. Arvest Bank made the loan and the SBA guaranteed a portion of the loan. Many other Arkansas entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.
SBA Loan Borrower
AesthetiCare, L.L.C.
400 S. College St., Suite 3
Mountain Home, AR 72653
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
621399 - Offices of All Other Miscellaneous Health Practitioners
Loan Approval Date
12/15/2006
Loan Approval Gross Amount
$276,100
Loan Approval from the SBA
Of the total $276,100 loan amount, the SBA guaranteed $138,050.
More Information on This SBA Loan
The borrower, Aestheticare, L.L.C., 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 SBA loan application for the borrower indicated that the borrowed money would help create 3 new jobs.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. Aestheticare, L.L.C. needed a loan. Arvest Bank probably wouldn't have granted the loan based on the merits of the company, but with the SBA stepping up and agreeing to guarantee part of the loan, Arvest Bank made the loan. The end result was that Aestheticare, L.L.C. was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
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Who Lends Money to Small Businesses in Tulsa, Oklahoma
Browse All Business Loan Sources for Oklahoma
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