Tulsa, Oklahoma Entrepreneur Gets a Business Loan
Searching for an Oklahoma small business loan? This Oklahoma entrepreneur got a small business loan, provided by an Oklahoma bank that works with the SBA to help small business owners.
You can learn something about getting a small business loan in Tulsa, Oklahoma by studying this loan to a local company, made back in 2004. Banks like Tulsa National Bank may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: SIGN MANUFACTURING
TULSA, OK 74146
SBA Loan Lender
TULSA NATIONAL BANK
7120 S LEWIS AVE
TULSA, OK 74136
This debt financing was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
339950 - Sign Manufacturing
Loan Approval Date
12/23/2004
Loan Approval Gross Amount
$515,000
Loan Approval from the SBA
Of the total $515,000 loan amount, the SBA guaranteed $386,250.
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 10 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the funding to increase staffing levels or retain any existing employees.
Next Steps for Getting an SBA Loan
The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.
This SBA loan was for $515,000. How would you spend $515,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Financing Your Business
SBA 7A Lenders in Tulsa, Oklahoma
Oklahoma SBA Bank Lenders