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May 4, 2024 |
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| Home > Small Business Lenders by State > Oklahoma Business Loan Sources > Fayetteville, Business Loans > Arvest Bank Fayetteville Business Loans > Structural Steel And Precast Concrete Contractors Loan | ||||
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Stilwell, Oklahoma Bank for SBA Loans
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Loans for Structural Steel and Precast Concrete ContractorsLooking for loans for structural steel and precast concrete contractors? An SBA loan may be just what you've been looking for. This $85,400 structural steel and precast concrete contractors loan was issued by an Arkansas bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Stilwell, Oklahoma was able to borrow $85,400 from Arvest Bank. The SBA made the loan possible by guaranteeing $72,590 of this Oklahoma small business loan. SBA Loan Borrower COMPANY TYPE: STRUCTURAL STEEL AND PRECAST CONCRETE CONTRACTORS SBA Loan Lender ARVEST BANK This lender issued this particular SBA small business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 238120 - Structural Steel and Precast Concrete Contractors Loan Approval Date 12/9/2004 Loan Approval Gross Amount $85,400 Loan Approval from the SBA Of the total $85,400 loan amount, the SBA guaranteed $72,590. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The loan application did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? If you are raising money in Stilwell OK, you ought to talk with a local Stilwell SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Stilwell businesses. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: SBA 7A Lenders in Fayetteville, Arkansas
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