Loans for Tire Dealers

Looking for loans for tire dealers? The SBA may be the answer. This $401,400 tire dealers loan was issued by an Oklahoma bank.

Getting a small business loan in Tulsa, Oklahoma was important for this growing firm back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Security Bank, operating out of Pawnee, Oklahoma. Here are the details on this Oklahoma small business loan.

SBA Loan Borrower

COMPANY TYPE: TIRE DEALERS
TULSA, OK 74123

SBA Loan Lender

SECURITY BANK
551 HARRISON ST
PAWNEE, OK 74058

This lender issued this loan for a small business under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

441320 - Tire Dealers

Loan Approval Date

6/26/2002

Loan Approval Gross Amount

$401,400

Loan Approval from the SBA

Of the total $401,400 loan amount, the SBA guaranteed $301,050.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 7 employees. The loan application did not indicate that the company promised to use the funding to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

How to Raise Money

Good Banks for Small Business in Pawnee, Oklahoma

Getting an SBA Loan in Oklahoma