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Tulsa, Oklahoma SBA 7A Banks

 

 
Gaebler Ventures is a business incubator, holding company, and private equity firm. We help entrepreneurs transform ideas and innovations into greatness.

Tulsa, Oklahoma Bank Lends Money to Brittany J. Newton Dba Superior Tool Sales in Russellville, Arkansas

A Tulsa, Oklahoma small business loan can be yours. Learn how Brittany J. Newton Dba Superior Tool Sales got a $39,600 business loan from this Oklahoma bank.

This loan to Brittany J. Newton Dba Superior Tool Sales 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

Brittany J. Newton dba Superior Tool Sales
315 E. Fir St.
Russellville, AR 72802

SBA Loan Lender

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

The lender provided this 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

423120 - Motor Vehicle Supplies and New Parts Merchant Wholesalers

Loan Approval Date

4/12/2006

Loan Approval Gross Amount

$39,600

Loan Approval from the SBA

Of the total $39,600 loan amount, the SBA guaranteed $19,800.

More Information on This SBA Loan

The borrower, Brittany J. Newton Dba Superior Tool Sales, 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 only one employee. The loan application indicated that the borrowed money would help create 1 new job.

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:

Raising VC Money for Social Networking Companies

Good Banks for Small Business in Tulsa, Oklahoma

SBA Lenders in Oklahoma

 

If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.

 

 

 

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