Tulsa, Oklahoma Entrepreneur Gets a Business Loan
Would an Oklahoma small business loan help your small business to grow and prosper? If so, you may want to talk with this Oklahoma bank, which offers SBA loans to Oklahoma entrepreneurs.
You can learn something about getting a small business loan in Tulsa, Oklahoma by studying this loan to Bonavista Technologies, Inc., made back in 2001. Banks like Onb Bank And Trust Company may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
BONAVISTA TECHNOLOGIES, INC.
9743 E. 54TH ST.
TULSA, OK 74146
SBA Loan Lender
ONB BANK AND TRUST COMPANY
8908 S YALE AVE, STE 100
TULSA, OK 74137
This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3829 - Measuring and Controlling Devices, N.E.C.
NAICS Code
334519 - Other Measuring and Controlling Device Manufacturing
Loan Approval Date
12/31/2001
Loan Approval Gross Amount
$340,000
Loan Approval from the SBA
Of the total $340,000 loan amount, the SBA guaranteed $306,000.
More Information on This SBA Loan
The borrower, Bonavista Technologies, Inc., borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 6 employees. The loan application did not indicate that the SBA funding recipient planned to use the loan proceeds to add employees or retain any existing employees. This loan was paid in full, and was closed out on 6/12/2003.
Getting an SBA Loan For Your Business
Don't apply for a loan directly with the SBA. You need to 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 can help you find the best banks for small businesses in Tulsa or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Attracting Investors
Small Bank Loans in Tulsa, Oklahoma
SBA Participating Banks in Oklahoma
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