Loan Census Banking News and Information
May 9, 2024  
 
 
  Business Loan Information  
 

Broken Arrow, Oklahoma Bank Loan

 

 
Loan Census SBA Loan Info

Business Loans for Professional and Management Development Training

With these business loans for professional and management development training, the SBA guarantees the lender that the loan will be repaid. This professional and management development training loan for $150,000 was given to an Oklahoma entrepreneur in 2006.

This business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Arkansas Valley State Bank, out of Broken Arrow, Oklahoma. The loan was granted and they received $150,000 to help grow their Broken Arrow, Oklahoma business.

SBA Loan Borrower

COMPANY TYPE: PROFESSIONAL AND MANAGEMENT DEVELOPMENT TRAINING
BROKEN ARROW, OK 74012

SBA Loan Lender

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

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan for a small business was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

611430 - Professional and Management Development Training

Loan Approval Date

8/18/2006

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a company in Broken Arrow OK, you ought to talk with a local Broken Arrow SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Broken Arrow businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Arkansas Valley State Bank and they will explain how you can get an SBA loan for your company.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

Attracting Investors

SBA 7A Banks in Broken Arrow, Oklahoma

Oklahoma SBA 7A Lenders