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| Entrepreneur Resources | Spiritbank Tulsa Business Loans | ||||
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SBA Lenders That Lend to Oklahoma Small Businesses
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Tulsa, Oklahoma Entrepreneur Gets a Bank LoanBank loans in Oklahoma are hard to find these days. We take a look at one Oklahoma bank loan, provided by an Oklahoma bank, that was approved by the SBA.
Absolute Staffing LLC, based in Tulsa, Oklahoma, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Spiritbank. We've got the inside scoop on this Oklahoma small business loan. SBA Loan Borrower ABSOLUTE STAFFING LLC SBA Loan Lender SPIRITBANK This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 561310 - Loan Approval Date 11/15/2001 Loan Approval Gross Amount $62,500 Loan Approval from the SBA Of the total $62,500 loan amount, the SBA guaranteed $53,125. More Information on This SBA Loan The borrower, Absolute Staffing LLC, 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 5 employees. The loan application did not indicate that the business promised to use the funding to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan If you need money to start a business or need money to grow a business, an SBA loan can be a great funding source We've showcased information on this loan to Absolute Staffing LLC 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: A Company That Helps Entrepreneurs SBA 7A Banks for Tulsa, Oklahoma Loans 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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