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| Entrepreneur Resources | Arvest Bank Tulsa Business Loans | ||||
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SBA Lender Shawnee Oklahoma
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Oklahoma Business Loan Issued to Freefromit.Com, Inc.Bank loans in Oklahoma are tough to come by these days. We take a look at one Oklahoma bank loan, provided by an Oklahoma bank, that was approved by the SBA.
You can learn something about getting a small business loan in Shawnee, Oklahoma by studying this loan to Freefromit.Com, Inc., made back in 2007. Banks like Arvest Bank may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower FreeFromIT.com, Inc. SBA Loan Lender ARVEST BANK The lender provided this bank 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 541519 - Other Computer Related Services Loan Approval Date 5/21/2007 Loan Approval Gross Amount $174,000 Loan Approval from the SBA Of the total $174,000 loan amount, the SBA guaranteed $87,000. More Information on This SBA Loan The borrower, Freefromit.Com, Inc., borrowed this money for an existing 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 5 employees. The SBA loan documents indicated that the loan would help generate 7 new jobs and retain 5 existing jobs. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. 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: Best Banks for Small Business in Tulsa, Oklahoma Where to Get an SBA Loan 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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