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| Entrepreneur Resources | Bank - Oklahoma Tulsa Business Loans | ||||
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Oklahoma Bank SBA Loans
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Bank - Oklahoma SBA Loan to Driver Resource Company, LLCLooking to get a Texas small business loan? Here's one Texas business loan that was approved by the SBA.
Driver Resource Company, LLC received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Bank - Oklahoma, out of Tulsa, Oklahoma. The loan was granted and they received $100,000 to help grow their Dallas, Texas business. SBA Loan Borrower Driver Resource Company, LLC SBA Loan Lender BANK - OKLAHOMA This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 561310 - Loan Approval Date 2/20/2007 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $50,000. More Information on This SBA Loan The borrower, Driver Resource Company, LLC, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 8 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 8 existing jobs. Start the Process for Getting an SBA Loan Today! SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. Driver Resource Company, LLC needed a loan. Bank - Oklahoma probably wouldn't have granted the loan based on the merits of the company, but with the SBA stepping up and agreeing to guarantee part of the loan, Bank - Oklahoma made the loan. The end result was that Driver Resource Company, LLC 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 SBA loan database. Related Links: Accountant's Role in Securing Financing SBA 7A Banks for Tulsa, Oklahoma Loans Getting an SBA Loan in Oklahoma If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.
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