Tulsa, Oklahoma Bank Lends Money to Crude Petroleum And Natural Gas Company in Duncan, Oklahoma

Thinking about meeting with a Tulsa, Oklahoma bank about an SBA loan? Here's one Oklahoma business loan, issued by a Tulsa bank, that was approved by the SBA.

Applying for an SBA loan with Spiritbank worked out well for our friends at one local firm in Duncan, Oklahoma. They received an SBA loan for $205,000. Awesome!

SBA Loan Borrower

COMPANY TYPE: CRUDE PETROLEUM AND NATURAL GAS
DUNCAN, OK 73533

SBA Loan Lender

SPIRITBANK
4815 S HARVARD
TULSA, OK 74135

This business loan was provided by a small business banker with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan guaranty 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.

SIC Code

1311 - Crude Petroleum and Natural Gas

NAICS Code

211111 - Crude Petroleum and Natural Gas

Loan Approval Date

6/29/2000

Loan Approval Gross Amount

$205,000

Loan Approval from the SBA

Of the total $205,000 loan amount, the SBA guaranteed $153,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan documents did not indicate that the company planned to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new 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.

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