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| Entrepreneur Resources | Onb Bank And Trust Company Tulsa Business Loans | ||||
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Onb Bank And Trust Company SBA Loans
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Borrowing Money for Offices of PhysiciansLooking for loans for offices of physicians? Talk to a banker who works with the SBA. This $360,000 offices of physicians loan was issued by an Oklahoma bank.
Dr Richard Lee Cooper received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Onb Bank And Trust Company, out of Tulsa, Oklahoma. The loan was granted and they received $360,000 to help grow their Tulsa, Oklahoma business. SBA Loan Borrower DR RICHARD LEE COOPER SBA Loan Lender ONB BANK AND TRUST COMPANY Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621111 - Offices of Physicians (except Mental Health Specialists) Loan Approval Date 9/6/2006 Loan Approval Gross Amount $360,000 Loan Approval from the SBA Of the total $360,000 loan amount, the SBA guaranteed $270,000. More Information on This SBA Loan The borrower, Dr Richard Lee Cooper, borrowed this money for an existing 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 4 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 6 existing jobs. Getting an SBA Loan For Your Business SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. 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 Dr Richard Lee Cooper walked into Onb Bank And Trust Company 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: Best Banks for Small Business in Tulsa, Oklahoma 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.
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