Gllenpool, Oklahoma Entrepreneur Gets a Business Loan

Oklahoma bank loans are available to Oklahoma firms through the SBA. In this case, an Oklahoma bank provides the loan.

You can learn something about getting a small business loan in Gllenpool, Oklahoma by studying this loan to Grandma Robbie's Bbq Sauce, made back in 2001. Banks like Spiritbank may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

GRANDMA ROBBIE'S BBQ SAUCE
480 E 141 ST.
GLLENPOOL, OK 74033

SBA Loan Lender

SPIRITBANK
4815 S HARVARD
TULSA, OK 74135

This SBA business loan 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

311421 - Fruit and Vegetable Canning

Loan Approval Date

9/19/2001

Loan Approval Gross Amount

$15,000

Loan Approval from the SBA

Of the total $15,000 loan amount, the SBA guaranteed $12,750.

More Information on This SBA Loan

The borrower, Grandma Robbie's Bbq Sauce, borrowed this money for a new business. The SBA's record indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 3 employees. The SBA loan documents did not indicate that the business 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?

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

Grandma Robbie's Bbq Sauce got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? 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 SBA loan database.

Related Links:

Family and Friend Investors - Your First Financiers

Good Banks for Small Business in Tulsa, Oklahoma

Oklahoma SBA Bank Lenders

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