Bank Loans for Interior Design Services
With these bank loans for interior design services, the SBA guarantees the lender that the loan will be repaid. This interior design services loan for $129,200 was given to an Oklahoma entrepreneur in 2000.
Getting a small business loan in Tulsa, Oklahoma was important for this company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Tulsa National Bank, operating out of Tulsa, Oklahoma. Here are the details on this Oklahoma small business loan.
SBA Loan Borrower
COMPANY TYPE: PERSONAL SERVICES
TULSA, OK 74103
SBA Loan Lender
TULSA NATIONAL BANK
7120 S LEWIS AVE
TULSA, OK 74136
This lender issued this particular commercial 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.
SIC Code
7299 - Personal Services
NAICS Code
541410 - Interior Design Services
Loan Approval Date
11/1/2000
Loan Approval Gross Amount
$129,200
Loan Approval from the SBA
Of the total $129,200 loan amount, the SBA guaranteed $96,900.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 26 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the money to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
If you need money to start business in Tulsa OK, you ought to talk with a local Tulsa SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Tulsa businesses.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Tulsa National Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Tulsa National Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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:
Obtaining Funding - How to Borrow Money
Good Banks for Small Business in Tulsa, Oklahoma
SBA Lenders in Oklahoma