Broken Arrow, Oklahoma Bank Gives SBA Loan to Lesia's Grooming & Boarding In

Get to know Broken Arrow, Oklahoma banks that specialize in business loans and know how to work with entrepreneurs. Arkansas Valley State Bank is one such bank, as evidenced by this SBA loan to Lesia's Grooming & Boarding In.

Finding a small business loan in Tulsa, Oklahoma starts with an understanding of who else has gotten loans in the area. In this case, Lesia's Grooming & Boarding In received funding from Arkansas Valley State Bank Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

LESIA'S GROOMING & BOARDING IN
4160 S MINGO ROAD
TULSA, OK 74146

SBA Loan Lender

ARKANSAS VALLEY STATE BANK
302 S MAIN
BROKEN ARROW, OK 74012

This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812910 - Pet Care (except Veterinary) Services

Loan Approval Date

4/27/2007

Loan Approval Gross Amount

$13,500

Loan Approval from the SBA

Of the total $13,500 loan amount, the SBA guaranteed $11,475.

More Information on This SBA Loan

The borrower, Lesia's Grooming & Boarding In, 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.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. Lesia's Grooming & Boarding In needed a loan. Arkansas Valley State Bank probably wouldn't have granted the loan based on the merits of the company, but with the SBA stepping up and agreeing to guarantee part of the loan, Arkansas Valley State Bank made the loan. The end result was that Lesia's Grooming & Boarding In was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's SBA loan database.

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