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| Entrepreneur Resources | Arkansas Valley State Bank Broken Arrow Business Loans | ||||
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I Need Commercial Loans in Tulsa, Oklahoma
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Getting an SBA Loan for Sporting Goods StoresLooking for SBA loans for sporting goods stores? Talk to a banker who works with the SBA. This $280,000 sporting goods stores loan was issued by an Oklahoma bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Tulsa, Oklahoma was able to borrow $280,000 from Arkansas Valley State Bank. The SBA made the loan possible by guaranteeing $210,000 of this Oklahoma small business loan. SBA Loan Borrower SPARTAN ARMS COMPANY, LLC SBA Loan Lender ARKANSAS VALLEY STATE BANK This commercial 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 451110 - Sporting Goods Stores Loan Approval Date 4/29/2005 Loan Approval Gross Amount $280,000 Loan Approval from the SBA Of the total $280,000 loan amount, the SBA guaranteed $210,000. More Information on This SBA Loan The borrower, Spartan Arms Company, LLC, borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. This SBA loan request did not indicate that the business promised to use the funding to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. We've showcased information on this loan to Spartan Arms Company, LLC to let you know that businesses like yours can get an SBA loan. 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 Who Lends Money to Small Businesses in Broken Arrow, 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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