Tulsa, Oklahoma Entrepreneur Gets a Small Business Loan

Oklahoma SBA loans are available to Oklahoma entrepreneurs through the SBA. In this case, an Oklahoma bank provides the loan.

Getting a small business loan in Tulsa, Oklahoma was a top priority for Industrial Marketing Inc back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Onb Bank And Trust Company. Here are the details on this Oklahoma small business loan.

SBA Loan Borrower

INDUSTRIAL MARKETING INC
10632 S MEMORIAL DR
TULSA, OK 74158

SBA Loan Lender

ONB BANK AND TRUST COMPANY
8908 S YALE AVE, STE 100
TULSA, OK 74137

This small business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

423840 - Industrial Supplies Merchant Wholesalers

Loan Approval Date

5/4/2006

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

More Information on This SBA Loan

The borrower, Industrial Marketing 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 13 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 13 existing jobs. This loan was paid in full, and was closed out on 11/21/2007.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide smart, affordable business financing for small businesses looking to expand.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan to Industrial Marketing Inc shows that any business with ambition and the right qualifications can get an SBA loan.

About This SBA Loan Information:

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

Related Links:

Business Incubators

SBA Banks in Tulsa, Oklahoma

SBA Participating Banks in Oklahoma

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