Tulsa, Oklahoma Lender Lends Money to Children's And Infants' Clothing Stores Company
A Tulsa, Oklahoma small business loan can be yours. Learn how a business got a $110,000 business loan from this Oklahoma bank.
This loan to an entrepreneur is a good example of an SBA loan. Triad Bank made the loan and the SBA guaranteed a portion of the loan. Many other Oklahoma entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.
SBA Loan Borrower
COMPANY TYPE: CHILDREN'S AND INFANTS' CLOTHING STORES
TULSA, OK 74137
SBA Loan Lender
TRIAD BANK
7666 E 61ST ST, STE 150
TULSA, OK 74133
This lender issued this particular 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
448130 - Children's and Infants' Clothing Stores
Loan Approval Date
7/18/2005
Loan Approval Gross Amount
$110,000
Loan Approval from the SBA
Of the total $110,000 loan amount, the SBA guaranteed $93,500.
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 8 employees. The SBA loan application for the borrower did not indicate that the company promised to use the money to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great way to raise money
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 Triad 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:
VC Firms on Twitter
Good Banks for Small Business in Tulsa, Oklahoma
SBA Participating Banks in Oklahoma