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| Entrepreneur Resources | Arkansas Valley State Bank Broken Arrow Business Loans | ||||
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Who Can Get a Business Loan in Tulsa, Oklahoma?
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Consumer Goods Rental LoansWith these loans for consumer goods rental, the SBA guarantees the lender that the loan will be repaid. This consumer goods rental loan for $68,000 was given to an Oklahoma entrepreneur in 2007.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Tulsa, Oklahoma was able to borrow $68,000 from Arkansas Valley State Bank. The SBA made the loan possible by guaranteeing $57,800 of this Oklahoma small business loan. SBA Loan Borrower CELEBRATIONS OF TULSA LLC SBA Loan Lender ARKANSAS VALLEY STATE BANK The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA business loans to to entrepreneurs who might have trouble getting a conventional bank loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 532299 - All Other Consumer Goods Rental Loan Approval Date 8/17/2007 Loan Approval Gross Amount $68,000 Loan Approval from the SBA Of the total $68,000 loan amount, the SBA guaranteed $57,800. More Information on This SBA Loan The borrower, Celebrations Of Tulsa LLC, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job. Getting an SBA Loan For Your Business Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like Celebrations Of Tulsa LLC did when it applied for and received this $68,000 loan. Remember, anyone can do it... so why not you? About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: Obtaining Funding - Friends and Family SBA 7A Banks for Broken Arrow, Oklahoma Loans 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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