Financing for Document Preparation Services
With these commercial loans for document preparation services, the SBA guarantees the lender that the loan will be repaid. This document preparation services loan for $50,000 was given to an Oklahoma entrepreneur in 2003.
Arrowhead Software,Inc received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Security Bank, out of Tulsa, Oklahoma. The loan was granted and they received $50,000 to help grow their Tulsa, Oklahoma business.
SBA Loan Borrower
ARROWHEAD SOFTWARE,INC
4624 E. 24TH ST.
TULSA, OK 74114
SBA Loan Lender
SECURITY BANK
10727 E 51ST
TULSA, OK 74146
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
561410 - Document Preparation Services
Loan Approval Date
5/8/2003
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $42,500.
More Information on This SBA Loan
The borrower, Arrowhead Software,Inc, borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 5 employees. This SBA loan request did not indicate that the small business promised to use the funding to add employees or retain any existing employees. This loan was paid in full, and was closed out on 11/2/2006.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Your solution for where to find money to start a business may be an SBA guaranteed loan. Arrowhead Software,Inc recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
504 Loans
SBA 7A Lenders in Tulsa, Oklahoma
Getting an SBA Loan in Oklahoma
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