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| Entrepreneur Resources | Tulsa National Bank Tulsa Business Loans | ||||
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Tulsa Lenders
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Tulsa, Oklahoma Lender Lends Money to Frozen Drinks UnlimitedA Tulsa, Oklahoma business loan can be yours. Learn how Frozen Drinks Unlimited got a $50,000 business loan from this Oklahoma bank.
This loan to Frozen Drinks Unlimited is a good example of an SBA loan. Tulsa National Bank made the loan and the SBA guaranteed a portion of the loan. Many other Oklahoma entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower FROZEN DRINKS UNLIMITED SBA Loan Lender TULSA NATIONAL BANK This lender issued this particular SBA loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722310 - Food Service Contractors Loan Approval Date 8/1/2002 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $42,500. More Information on This SBA Loan The borrower, Frozen Drinks Unlimited, borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. This SBA loan request did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees. This loan was paid in full, and was closed out on 4/30/2004. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Tulsa National Bank and they will explain how you can get an SBA loan for your company. About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: Good Banks for Small Business in Tulsa, Oklahoma SBA Participating Banks in 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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