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| Entrepreneur Resources | Arvest Bank Fayetteville Business Loans | ||||
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Tulsa, Oklahoma Bank for SBA Loans
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Financing for Convenience StoresLooking for commercial loans for convenience stores? An SBA loan may be just what you've been looking for. This $455,000 convenience stores loan was issued by an Arkansas bank.
R&r Petroleum, LLC & Svr Inc. received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Arvest Bank, out of Fayetteville, Arkansas. The loan was granted and they received $455,000 to help grow their Tulsa, Oklahoma business. SBA Loan Borrower R&R PETROLEUM, LLC & SVR INC. SBA Loan Lender ARVEST BANK This SBA business loan was provided by financing institution with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan requests to the SBA get more expeditious service from the SBA on their loan applications. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 445120 - Convenience Stores Loan Approval Date 11/3/2006 Loan Approval Gross Amount $455,000 Loan Approval from the SBA Of the total $455,000 loan amount, the SBA guaranteed $341,250. More Information on This SBA Loan The borrower, R&r Petroleum, LLC & Svr Inc., 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 11 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the funding to add employees or retain any existing employees. Getting an SBA Loan For Your Business For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as R&r Petroleum, LLC & Svr Inc. walked into Arvest Bank and applied for an SBA loan, you have to do the same thing. The sooner you start, the faster you'll get the money! About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: SBA 7A Lenders in Fayetteville, Arkansas 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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