Plumbing, Heating, and Air-Conditioning Contractors Small Business Loans

Looking for small business loans for plumbing, heating, and air-conditioning contractors? Talk to a banker who works with the SBA. This $30,000 plumbing, heating, and air-conditioning contractors loan was issued by an Oklahoma bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Rogers, Arkansas was able to borrow $30,000 from Arvest Bank. The SBA made the loan possible by guaranteeing $15,000 of this Arkansas small business loan.

SBA Loan Borrower

All-Weather Air Conditioning, Inc.
705 S. 8th Street
Rogers, AR 72756

SBA Loan Lender

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

The lender provided this 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

238220 - Plumbing, Heating, and Air-Conditioning Contractors

Loan Approval Date

11/12/2007

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $15,000.

More Information on This SBA Loan

The borrower, All-Weather Air Conditioning, Inc., borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 12 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 12 existing jobs.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Arvest Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's SBA loan database.

Related Links:

504 Loans

SBA Approved Banks in Tulsa, Oklahoma

SBA Lenders in Oklahoma

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