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| Entrepreneur Resources | Summit Bank Tulsa Business Loans | ||||
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Oklahoma SBA Lenders
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Tulsa, Oklahoma Lender Lends Money to Asthma & Respiratory ServicesGet to know Tulsa, Oklahoma banks that specialize in business loans and know how to work with entrepreneurs. Summit Bank is one such bank, as evidenced by this SBA loan to Asthma & Respiratory Services.
Finding a small business loan in Tulsa, Oklahoma starts with an understanding of who else has gotten loans in the area. In this case, Asthma & Respiratory Services received funding from Summit Bank Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower ASTHMA & RESPIRATORY SERVICES SBA Loan Lender SUMMIT BANK This lender issued this loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621610 - Home Health Care Services Loan Approval Date 12/23/2003 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. More Information on This SBA Loan The borrower, Asthma & Respiratory Services, 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 3 employees. The SBA loan documents did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees. This loan was paid in full, and was closed out on 10/26/2006. 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 way to raise money This SBA loan was for $150,000. How would you spend $150,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at Asthma & Respiratory Services, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: Realistic Debt Financing Options Best Banks for Small Business in Tulsa, Oklahoma 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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