SBA Loan from Arkansas Valley State Bank Helps Ko Beverage
Arkansas Valley State Bank has a track record as a leading provider of SBA loans. Find out how this Oklahoma entrepreneur received an SBA loan from them.
Ko Beverage received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Arkansas Valley State Bank, out of Broken Arrow, Oklahoma. The loan was granted and they received $625,000 to help grow their Tulsa, Oklahoma business.
SBA Loan Borrower
KO BEVERAGE
4157 S. 72ND EAST AVENUE
TULSA, OK 74145
SBA Loan Lender
ARKANSAS VALLEY STATE BANK
302 S MAIN
BROKEN ARROW, OK 74012
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA business loans to to our country's hard-working small business owners.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
424820 - Wine and Distilled Alcoholic Beverage Merchant Wholesalers
Loan Approval Date
9/21/2007
Loan Approval Gross Amount
$625,000
Loan Approval from the SBA
Of the total $625,000 loan amount, the SBA guaranteed $468,750.
More Information on This SBA Loan
The borrower, Ko Beverage, 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 3 employees. The SBA loan documents indicated that the funding would help generate 3 new jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide money to small business owners for working capital for other expenses.
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 Ko Beverage did when it applied for and received this $625,000 loan. Remember, if it to be, it is up to me!
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Strategic Investors
SBA 7A Lenders in Broken Arrow, Oklahoma
Getting an SBA Loan in Oklahoma
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