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| Entrepreneur Resources | Bank - Oklahoma Tulsa Business Loans | ||||
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SBA Lenders for Rush Springs Small Business Owners
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Financing for Tire DealersLooking for commercial loans for tire dealers? Talk to a banker who works with the SBA. This $277,573 tire dealers loan was issued by an Oklahoma bank.
K & K Tire, Inc. received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Bank - Oklahoma, out of Tulsa, Oklahoma. The loan was granted and they received $277,573 to help grow their Rush Springs, Oklahoma business. SBA Loan Borrower K & K TIRE, INC. SBA Loan Lender BANK - OKLAHOMA When it made this small business loan, this lending institution was part of the SBA's Certified Lenders Program (CLP). This program aims to give expeditious service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5014 - Tires and Tubes NAICS Code 441320 - Tire Dealers Loan Approval Date 9/17/2003 Loan Approval Gross Amount $277,573 Loan Approval from the SBA Of the total $277,573 loan amount, the SBA guaranteed $208,180. More Information on This SBA Loan The borrower, K & K Tire, Inc., 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 6 employees. The SBA loan documents did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! Although it's called an SBA loan, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. We've showcased information on this loan to K & K Tire, Inc. to let you know that businesses like yours can get an SBA loan. About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: SBA 7A Banks for Tulsa, Oklahoma Loans Browse All Business Loan Sources for 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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