Basic Inorganic Chemical Manufacturing Small Business Loans

With these small business loans for basic inorganic chemical manufacturing, the SBA guarantees the lender that the loan will be repaid. This basic inorganic chemical manufacturing loan for $580,200 was given to an Oklahoma entrepreneur in 2001.

Galaxy Chemicals LLC received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Stillwater National Bank & Trust, out of Stillwater, Oklahoma. The loan was granted and they received $580,200 to help grow their Tulsa, Oklahoma business.

SBA Loan Borrower

GALAXY CHEMICALS LLC
3015 E SKELLY DR STE 320
TULSA, OK 74105

SBA Loan Lender

STILLWATER NATIONAL BANK & TRUST
608 S MAIN
STILLWATER, OK 74074

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

325188 - All Other Basic Inorganic Chemical Manufacturing

Loan Approval Date

6/15/2001

Loan Approval Gross Amount

$580,200

Loan Approval from the SBA

Of the total $580,200 loan amount, the SBA guaranteed $435,150.

More Information on This SBA Loan

The borrower, Galaxy Chemicals LLC, 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 only one employee. The SBA loan documents indicated that the loan would help generate 3 new jobs.

Start the Process for Getting an SBA Loan Today!

If you are working on finding money to start a business in Tulsa OK, you ought to talk with a local Tulsa SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Tulsa businesses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like Galaxy Chemicals LLC did when it applied for and received this $580,200 loan. Remember, you control your own destiny.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's SBA loan database.

Related Links:

Getting a Small Business Loan

Banks in Stillwater, Oklahoma

Getting an SBA Loan in Oklahoma

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