Business Loans for Offices of Lawyers
With these business loans for offices of lawyers, the SBA guarantees the lender that the loan will be repaid. This offices of lawyers loan for $102,900 was given to an Oklahoma entrepreneur in 2006.
Robinson Davis Law Group Pllc received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with First Bank Of Owasso, out of Owasso, Oklahoma. The loan was granted and they received $102,900 to help grow their Tulsa, Oklahoma business.
SBA Loan Borrower
ROBINSON DAVIS LAW GROUP PLLC
6450 S LEWIS STE 240
TULSA, OK 74136
SBA Loan Lender
FIRST BANK OF OWASSO
102 W 2ND AVE
OWASSO, OK 74055
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
541110 - Offices of Lawyers
Loan Approval Date
4/28/2006
Loan Approval Gross Amount
$102,900
Loan Approval from the SBA
Of the total $102,900 loan amount, the SBA guaranteed $51,450.
More Information on This SBA Loan
The borrower, Robinson Davis Law Group Pllc, 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 indicated that the loan would help retain 4 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide money to small business owners for working capital for other expenses.
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 Robinson Davis Law Group Pllc walked into First Bank Of Owasso 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:
Microlending as a Small Business Funding Source
Best Owasso, Oklahoma Banks for Small Business
Getting an SBA Loan in Oklahoma
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