Tulsa, Oklahoma Bank Gives SBA Loan to Gotcha Covered
Get SBA loans from a Tulsa, Oklahoma bank that knows how to treat small business owners right! If Gotcha Covered can get a loan, there's no reason you can't do it too.
Onb Bank And Trust Company is a Tulsa, Oklahoma small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to Gotcha Covered an Oklahoma company.
SBA Loan Borrower
GOTCHA COVERED
8914 N. 120TH E. AVENUE
OWASSO, OK 74055
SBA Loan Lender
ONB BANK AND TRUST COMPANY
8908 S YALE AVE, STE 100
TULSA, OK 74137
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
442291 - Window Treatment Stores
Loan Approval Date
12/27/2005
Loan Approval Gross Amount
$60,000
Loan Approval from the SBA
Of the total $60,000 loan amount, the SBA guaranteed $51,000.
More Information on This SBA Loan
The borrower, Gotcha Covered, 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 only one employee. The SBA loan documents did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Onb Bank And Trust Company that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Obtaining Funding From a Venture Capitalist
Where to Get an SBA Loan in Tulsa, Oklahoma
Browse All Business Loan Sources for Oklahoma
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