Owasso, Oklahoma Lender Lends Money to Paradise Dondut
An Owasso, Oklahoma SBA loan can be yours. Learn how Paradise Dondut got a $35,000 business loan from this Oklahoma bank.
This loan to Paradise Dondut is a good example of an SBA loan. First Bank Of Owasso 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
PARADISE DONDUT
7149 SOUTH MINGO ROAD
TULSA, OK 74133
SBA Loan Lender
FIRST BANK OF OWASSO
102 W 2ND AVE
OWASSO, OK 74055
This small business 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.
NAICS Code
722213 - Snack and Nonalcoholic Beverage Bars
Loan Approval Date
7/9/2007
Loan Approval Gross Amount
$35,000
Loan Approval from the SBA
Of the total $35,000 loan amount, the SBA guaranteed $29,750.
More Information on This SBA Loan
The borrower, Paradise Dondut, borrowed this money for a new 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 2 employees. The loan application indicated that the loan would help retain 2 existing jobs.
Getting an SBA Loan For Your Business
If you are wondering how to raise money for a company 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.
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 First Bank Of Owasso 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:
Obtaining Funding - How to Decide How Much to Raise
Small Business Banks in Owasso, Oklahoma
Browse All Business Loan Sources for Oklahoma
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