Oklahoma Business Loan Issued to 360 Sports, Inc.
Looking to get an Oklahoma SBA loan? This Oklahoma entrepreneur got an SBA loan, provided by an Oklahoma bank that works with the SBA to help small business owners.
You can learn something about getting a small business loan in Owasso, Oklahoma by studying this loan to 360 Sports, Inc., made back in 2008. Banks like Arvest Bank may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
360 Sports, Inc.
8787 Owasso Expressway
Owasso, OK 74055
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
453998 - All Other Miscellaneous Store Retailers (except Tobacco Stores)
Loan Approval Date
2/14/2008
Loan Approval Gross Amount
$102,000
Loan Approval from the SBA
Of the total $102,000 loan amount, the SBA guaranteed $86,700.
More Information on This SBA Loan
The borrower, 360 Sports, 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. This SBA loan request indicated that the funding would help generate 2 new jobs.
Next Steps for Getting an SBA Loan
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. If a firm like 360 Sports, Inc. is able to get a $102,000 loan, why not give getting an SBA loan of your own a try?
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
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