 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
|
|
|
|
||
| Entrepreneur Resources | The Yukon National Bank Bethany Business Loans | ||||
 |
||||
I Need a Small Business Loan in Tulsa, Oklahoma
|
||||
 |
Raising Money for Motorcycle, ATV, and Personal Watercraft DealersWith these bank loans for motorcycle, atv, and personal watercraft dealers, the SBA guarantees the lender that the loan will be repaid. This motorcycle, atv, and personal watercraft dealers loan for $150,000 was given to an Oklahoma entrepreneur in 2001.
Getting a small business loan in Tulsa, Oklahoma was important for B M W Motorcycles Of Oklahoma back in 2001 and, based on their loan application, they were successful in getting an SBA loan from The Yukon National Bank, operating out of Bethany, Oklahoma. Here are the details on this Oklahoma small business loan. SBA Loan Borrower B M W MOTORCYCLES OF OKLAHOMA SBA Loan Lender THE YUKON NATIONAL BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 441221 - Motorcycle, ATV, and Personal Watercraft Dealers Loan Approval Date 8/20/2001 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, B M W Motorcycles Of Oklahoma, 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 7 employees. This SBA loan request did not indicate that the business planned to use the funding to increase staffing levels or retain any existing employees. This loan was paid in full, and was closed out on 3/9/2006. Getting an SBA Loan For Your Business SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as B M W Motorcycles Of Oklahoma walked into The Yukon National Bank and applied for an SBA loan, you have to do the same thing. The sooner you start, the faster you'll get the money! 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 Bethany, Oklahoma Loans Where to Get an SBA Loan 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.
|
|
||
|
||||
|
|
||||
