Tulsa, Oklahoma Lender Lends Money to Tulsa Flower Market
A Tulsa, Oklahoma SBA loan can be yours. Learn how Tulsa Flower Market got a $65,000 business loan from this Oklahoma bank.
This loan to Tulsa Flower Market 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
TULSA FLOWER MARKET
3202 W. PITTSBURG ST.
BROKEN ARROW, OK 74012
SBA Loan Lender
TRIAD BANK
7666 E 61ST ST, STE 150
TULSA, OK 74133
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide loans to to entrepreneurs who might have trouble getting a conventional bank loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
453110 - Florists
Loan Approval Date
6/24/2005
Loan Approval Gross Amount
$65,000
Loan Approval from the SBA
Of the total $65,000 loan amount, the SBA guaranteed $55,250.
More Information on This SBA Loan
The borrower, Tulsa Flower Market, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 3 employees. The SBA loan documents did not indicate that the business planned to use the funding to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Triad Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Direct Public Offerings
Small Bank Loans in Tulsa, Oklahoma
Getting an SBA Loan in Oklahoma
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