Get an SBA Loan for Offices of Certified Public Accountants
With these small business loans for offices of certified public accountants, the SBA guarantees the lender that the loan will be repaid. This offices of certified public accountants loan for $150,000 was given to an Oklahoma entrepreneur in 2006.
Getting a small business loan in Tulsa, Oklahoma was important for H & J Cpas, Pllc Dba Morse & Co., Cpa's back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Arvest Bank, operating out of Tulsa, Oklahoma. Here are the details on this Oklahoma small business loan.
SBA Loan Borrower
H & J CPAS, PLLC dba Morse & Co., CPA's
6950 S. Utica Ave.
Tulsa, OK 74136
SBA Loan Lender
ARVEST BANK
3409 S PEORIA AVE, STE 1
TULSA, OK 74105
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
541211 - Offices of Certified Public Accountants
Loan Approval Date
2/1/2006
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $75,000.
More Information on This SBA Loan
The borrower, H & J Cpas, Pllc Dba Morse & Co., Cpa's, 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 7 employees. This SBA loan request indicated that the loan would help retain 7 existing jobs. This loan was paid in full, and was closed out on 5/1/2007.
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.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Arvest Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Raising VC Money for Social Networking Companies
Small Business Banks in Tulsa, Oklahoma
Find an SBA Lender in 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.