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| Entrepreneur Resources | Arkansas Valley State Bank Broken Arrow Business Loans | ||||
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Raising Money in Tulsa, Oklahoma With SBA Loans
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Borrowing Money for General Automotive RepairWith these loans for general automotive repair, the SBA guarantees the lender that the loan will be repaid. This general automotive repair loan for $20,500 was given to an Oklahoma entrepreneur in 2006.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Tulsa, Oklahoma was able to borrow $20,500 from Arkansas Valley State Bank. The SBA made the loan possible by guaranteeing $10,250 of this Oklahoma small business loan. SBA Loan Borrower K & O FLEET MAINTENANCE & MECH SBA Loan Lender ARKANSAS VALLEY STATE 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 811111 - General Automotive Repair Loan Approval Date 5/5/2006 Loan Approval Gross Amount $20,500 Loan Approval from the SBA Of the total $20,500 loan amount, the SBA guaranteed $10,250. More Information on This SBA Loan The borrower, K & O Fleet Maintenance & Mech, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help retain 2 existing jobs. 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. K & O Fleet Maintenance & Mech 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: Realistic Debt Financing Options SBA 7A Lenders in Broken Arrow, 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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